2022 TWD to MKD Historical Review

YEARLY HIGH

2.0571 MKD

YEARLY LOW

1.8774 MKD

YEARLY AVERAGE

1.9670 MKD

2022 TWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2.0571. Conversely, the yearly low was recorded on December 28, dropping to 1.8774.

This high-to-low spread represents a total annual volatility of 0.1797 MKD. From a start-to-finish perspective, comparing the January average rate of 1.9686 to the December average rate of 1.8961, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.0571 was up 3.89% compared to the 2021 peak of 1.9800, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,285 MKD

2021 Average 9,333 MKD

Yearly Trough Low 9,387 MKD

Transaction Impact: A difference of 898.57 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.0368

1.8833

JanuMarcMayJulySeptNove

TWD 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 1.9647, compared to 1.9693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 1.9647

H2 Avg (Jul–Dec) 1.9693

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0836 MKD (High: 1.9972 / Low: 1.9136). On the other end, January was the most stable month, with a tight range of 0.0366 MKD (High: 1.9880 / Low: 1.9515).

October Spread (Volatile) ±0.0836

January Spread (Stable) ±0.0366

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0371 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 2.0240) against the same month in 2021 (average: 1.8618), the exchange rate shifted by +0.1622 (+8.71%).

2022 Avg (July) 2.0240

2021 Avg (July) 1.8618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9880	1.9515	1.9686
February	1.9698	1.9311	1.9506
March	2.0066	1.9398	1.9710
April	1.9844	1.9409	1.9584
May	1.9987	1.9428	1.9712
June	1.9951	1.9518	1.9685
July	2.0571	1.9771	2.0240
August	2.0548	1.9885	2.0193
September	2.0263	1.9542	1.9888
October	1.9972	1.9136	1.9622
November	1.9701	1.9081	1.9251
December	1.9277	1.8774	1.8961