YEARLY HIGH
0.0372 BBD
YEARLY LOW
0.0313 BBD
YEARLY AVERAGE
0.0342 BBD

2022 MKD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0372. Conversely, the yearly low was recorded on September 27, dropping to 0.0313.

This high-to-low spread represents a total annual volatility of 0.0060 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0367 to the December average rate of 0.0344, the exchange rate registered a net change of -6.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0372 was down 6.95% compared to the 2021 peak of 0.0400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186 BBD
2021 Average 192 BBD
Yearly Trough Low 156 BBD
Transaction Impact: A difference of 29.81 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0373
0.0314
JanuMarcMayJulySeptNove

MKD to BBD 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 0.0355, compared to 0.0329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0355
H2 Avg (Jul–Dec) 0.0329

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0019 BBD (High: 0.0338 / Low: 0.0319). On the other end, December was the most stable month, with a tight range of 0.0007 BBD (High: 0.0347 / Low: 0.0340).

November Spread (Volatile) ±0.0019
December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0368) against the same month in 2021 (average: 0.0392), the exchange rate shifted by -0.0024 (-6.24%).

2022 Avg (February) 0.0368
2021 Avg (February) 0.0392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0372 0.0362 0.0367
February 0.0372 0.0364 0.0368
March 0.0361 0.0352 0.0357
April 0.0359 0.0342 0.0351
May 0.0350 0.0337 0.0343
June 0.0348 0.0339 0.0343
July 0.0339 0.0325 0.0331
August 0.0336 0.0323 0.0329
September 0.0330 0.0313 0.0322
October 0.0325 0.0315 0.0319
November 0.0338 0.0319 0.0332
December 0.0347 0.0340 0.0344