YEARLY HIGH
23.8175 MKD
YEARLY LOW
20.6170 MKD
YEARLY AVERAGE
22.0683 MKD

2011 BBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 23.8175. Conversely, the yearly low was recorded on May 4, dropping to 20.6170.

This high-to-low spread represents a total annual volatility of 3.2005 MKD. From a start-to-finish perspective, comparing the January average rate of 22.9633 to the December average rate of 23.2934, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 23.8175 was down 7.30% compared to the 2010 peak of 25.6927, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 119,087 MKD
2010 Average 115,884 MKD
Yearly Trough Low 103,085 MKD
Transaction Impact: A difference of 16,002.44 MKD purely based on transaction execution date.

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23.4994
21.0276
JanuMarcMayJulySeptNove

BBD 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 21.8865, compared to 22.2502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3637 points.

H1 Avg (Jan–Jun) 21.8865
H2 Avg (Jul–Dec) 22.2502

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.6094 MKD (High: 23.2776 / Low: 21.6682). On the other end, August was the most stable month, with a tight range of 0.5151 MKD (High: 21.6943 / Low: 21.1791).

October Spread (Volatile) Âą1.6094
August Spread (Stable) Âą0.5151

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6910 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6910

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 23.2934) against the same month in 2010 (average: 23.2133), the exchange rate shifted by +0.0801 (+0.35%).

2011 Avg (December) 23.2934
2010 Avg (December) 23.2133

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Month High Low Average
January 23.7791 22.3696 22.9633
February 22.8290 22.1788 22.4869
March 22.2771 21.5905 21.9246
April 21.6973 20.6475 21.2336
May 21.8846 20.6170 21.3753
June 21.7790 20.9406 21.3352
July 21.9551 21.1601 21.4921
August 21.6943 21.1791 21.4100
September 22.8460 21.4786 22.2704
October 23.2776 21.6682 22.3755
November 23.1894 22.2190 22.6598
December 23.8175 22.7398 23.2934