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2010 BTN to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the BTN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 1.0970. Conversely, the yearly low was recorded on January 3, dropping to 0.9182.
This high-to-low spread represents a total annual volatility of 0.1788 MKD. From a start-to-finish perspective, comparing the January average rate of 0.9358 to the December average rate of 1.0299, the exchange rate registered a net change of 10.06% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 BTN based on timing:
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BTN 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: JanâJun) was 1.0119, compared to 1.0161 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.0042 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was July, with a trading range of 0.0719 MKD (High: 1.0770 / Low: 1.0051). On the other end, April was the most stable month, with a tight range of 0.0256 MKD (High: 1.0398 / Low: 1.0142).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0533 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 1.0803.
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.9520 | 0.9182 | 0.9358 |
| February | 0.9815 | 0.9517 | 0.9695 |
| March | 1.0153 | 0.9805 | 0.9950 |
| April | 1.0398 | 1.0142 | 1.0279 |
| May | 1.0894 | 1.0390 | 1.0630 |
| June | 1.0970 | 1.0689 | 1.0803 |
| July | 1.0770 | 1.0051 | 1.0271 |
| August | 1.0351 | 1.0047 | 1.0227 |
| September | 1.0423 | 1.0003 | 1.0230 |
| October | 1.0116 | 0.9842 | 0.9949 |
| November | 1.0280 | 0.9765 | 0.9989 |
| December | 1.0401 | 1.0132 | 1.0299 |