YEARLY HIGH
1.1196 MKD
YEARLY LOW
0.3979 MKD
YEARLY AVERAGE
0.8729 MKD

2022 RUB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RUB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 1.1196. Conversely, the yearly low was recorded on March 7, dropping to 0.3979.

This high-to-low spread represents a total annual volatility of 0.7217 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7112 to the December average rate of 0.8799, the exchange rate registered a net change of 23.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.1196 was up 46.40% compared to the 2021 peak of 0.7648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RUB based on timing:

Yearly Peak High 5,598 MKD
2021 Average 3,536 MKD
Yearly Trough Low 1,990 MKD
Transaction Impact: A difference of 3,608.46 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0843
0.4646
JanuMarcMayJulySeptNove

RUB to MKD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.7573, compared to 0.9885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2312 points.

H1 Avg (Jan–Jun) 0.7573
H2 Avg (Jul–Dec) 0.9885

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.2831 MKD (High: 0.6810 / Low: 0.3979). On the other end, January was the most stable month, with a tight range of 0.0384 MKD (High: 0.7298 / Low: 0.6914).

March Spread (Volatile) ±0.2831
January Spread (Stable) ±0.0384

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1770 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 1.0148) against the same month in 2021 (average: 0.7046), the exchange rate shifted by +0.3102 (+44.03%).

2022 Avg (June) 1.0148
2021 Avg (June) 0.7046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7298 0.6914 0.7112
February 0.7219 0.5230 0.6932
March 0.6810 0.3979 0.5163
April 0.8191 0.6497 0.7128
May 1.0049 0.7968 0.8956
June 1.1196 0.9052 1.0148
July 1.1004 0.9307 1.0171
August 1.0317 0.9532 0.9997
September 1.1107 0.9557 1.0327
October 1.0831 0.9826 1.0136
November 1.0188 0.9677 0.9880
December 0.9657 0.7824 0.8799