2022 MXN to MKD Historical Review

YEARLY HIGH

3.2096 MKD

YEARLY LOW

2.5999 MKD

YEARLY AVERAGE

2.9143 MKD

2022 MXN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 3.2096. Conversely, the yearly low was recorded on February 6, dropping to 2.5999.

This high-to-low spread represents a total annual volatility of 0.6097 MKD. From a start-to-finish perspective, comparing the January average rate of 2.6553 to the December average rate of 2.9711, the exchange rate registered a net change of 11.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.2096 was up 20.71% compared to the 2021 peak of 2.6590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 160,480 MKD

2021 Average 128,438 MKD

Yearly Trough Low 129,997 MKD

Transaction Impact: A difference of 30,482.75 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.1848

2.6071

JanuMarcMayJulySeptNove

MXN 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 2.7835, compared to 3.0452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2617 points.

H1 Avg (Jan–Jun) 2.7835

H2 Avg (Jul–Dec) 3.0452

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.2061 MKD (High: 3.0987 / Low: 2.8926). On the other end, January was the most stable month, with a tight range of 0.0347 MKD (High: 2.6761 / Low: 2.6414).

August Spread (Volatile) ±0.2061

January Spread (Stable) ±0.0347

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1312 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 3.1023) against the same month in 2021 (average: 2.5871), the exchange rate shifted by +0.5152 (+19.92%).

2022 Avg (November) 3.1023

2021 Avg (November) 2.5871

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6761	2.6414	2.6553
February	2.6920	2.5999	2.6559
March	2.8119	2.6453	2.7256
April	2.8794	2.8039	2.8363
May	2.9496	2.8612	2.9124
June	2.9484	2.8547	2.9153
July	2.9814	2.9085	2.9477
August	3.0987	2.8926	3.0183
September	3.1568	3.0344	3.0949
October	3.1819	3.0871	3.1367
November	3.2096	3.0436	3.1023
December	3.0565	2.9311	2.9711

2022 MXN నుండి MKD చారిత్రక సమీక్ష