YEARLY HIGH
6.4741 MKD
YEARLY LOW
4.2688 MKD
YEARLY AVERAGE
5.3949 MKD

2022 TJS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TJS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 6.4741. Conversely, the yearly low was recorded on March 30, dropping to 4.2688.

This high-to-low spread represents a total annual volatility of 2.2054 MKD. From a start-to-finish perspective, comparing the January average rate of 4.8204 to the December average rate of 5.7378, the exchange rate registered a net change of 19.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 6.4741 was up 32.84% compared to the 2021 peak of 4.8735, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,371 MKD
2021 Average 22,924 MKD
Yearly Trough Low 21,344 MKD
Transaction Impact: A difference of 11,026.82 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

6.3940
4.3448
JanuMarcMayJulySeptNove

TJS 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 4.7896, compared to 6.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2106 points.

H1 Avg (Jan–Jun) 4.7896
H2 Avg (Jul–Dec) 6.0002

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 1.4436 MKD (High: 6.0633 / Low: 4.6197). On the other end, February was the most stable month, with a tight range of 0.1195 MKD (High: 4.8752 / Low: 4.7557).

June Spread (Volatile) ±1.4436
February Spread (Stable) ±0.1195

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2996 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2996

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 6.1646) against the same month in 2021 (average: 4.6116), the exchange rate shifted by +1.5531 (+33.68%).

2022 Avg (September) 6.1646
2021 Avg (September) 4.6116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.9009 4.7616 4.8204
February 4.8752 4.7557 4.8152
March 5.0397 4.2688 4.5156
April 4.6975 4.2924 4.5421
May 4.7450 4.5862 4.6710
June 6.0633 4.6197 5.3736
July 6.1354 5.7409 5.9268
August 6.0746 5.8304 5.9477
September 6.4741 5.9583 6.1646
October 6.4235 6.0614 6.2233
November 6.2513 5.8232 6.0011
December 5.8545 5.6615 5.7378