2022 WST to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 WST to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the WST to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 23.3133. Conversely, the yearly low was recorded on February 6, dropping to 20.4921.
This high-to-low spread represents a total annual volatility of 2.8212 MKD. From a start-to-finish perspective, comparing the January average rate of 20.9273 to the December average rate of 21.5496, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 23.3133 was up 8.78% compared to the 2021 peak of 21.4316, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
WST to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 21.5768, compared to 22.1956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6188 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 1.2672 MKD (High: 22.6647 / Low: 21.3975). On the other end, June was the most stable month, with a tight range of 0.5064 MKD (High: 22.3640 / Low: 21.8576).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8171 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 22.8213) against the same month in 2021 (average: 20.4145), the exchange rate shifted by +2.4067 (+11.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.2648 | 20.6173 | 20.9273 |
| February | 21.0340 | 20.4921 | 20.7527 |
| March | 21.6778 | 21.1591 | 21.4120 |
| April | 22.6647 | 21.3975 | 22.0067 |
| May | 22.9788 | 21.8647 | 22.2918 |
| June | 22.3640 | 21.8576 | 22.0702 |
| July | 22.6048 | 22.0167 | 22.3272 |
| August | 23.0291 | 22.0261 | 22.5980 |
| September | 23.3133 | 22.3182 | 22.8213 |
| October | 22.9604 | 21.8710 | 22.3473 |
| November | 22.2010 | 21.1859 | 21.5302 |
| December | 21.8332 | 20.9430 | 21.5496 |