YEARLY HIGH
0.0255 MKD
YEARLY LOW
0.0230 MKD
YEARLY AVERAGE
0.0239 MKD

2011 COP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the COP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0255. Conversely, the yearly low was recorded on March 31, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0025 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0245 to the December average rate of 0.0241, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0255 was down 4.62% compared to the 2010 peak of 0.0267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 127,548 MKD
2010 Average 122,212 MKD
Yearly Trough Low 115,203 MKD
Transaction Impact: A difference of 12,345.25 MKD purely based on transaction execution date.

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0.0247
0.0232
JanuMarcMayJulySeptNove

COP 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 0.0238, compared to 0.0240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0238
H2 Avg (Jul–Dec) 0.0240

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0020 MKD (High: 0.0255 / Low: 0.0235). On the other end, October was the most stable month, with a tight range of 0.0006 MKD (High: 0.0238 / Low: 0.0232).

January Spread (Volatile) Âą0.0020
October Spread (Stable) Âą0.0006

Growth Streaks & Declines

Trends

Between March and July, 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 September and October, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0245) against the same month in 2010 (average: 0.0217), the exchange rate shifted by +0.0028 (+13.01%).

2011 Avg (January) 0.0245
2010 Avg (January) 0.0217

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Month High Low Average
January 0.0255 0.0235 0.0245
February 0.0242 0.0232 0.0239
March 0.0239 0.0230 0.0233
April 0.0239 0.0232 0.0234
May 0.0241 0.0234 0.0237
June 0.0244 0.0236 0.0239
July 0.0249 0.0240 0.0244
August 0.0245 0.0236 0.0240
September 0.0250 0.0235 0.0243
October 0.0238 0.0232 0.0235
November 0.0239 0.0233 0.0236
December 0.0246 0.0234 0.0241