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2012 GHS to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the GHS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 29.0751. Conversely, the yearly low was recorded on September 23, dropping to 24.6063.
This high-to-low spread represents a total annual volatility of 4.4688 MKD. From a start-to-finish perspective, comparing the January average rate of 28.1824 to the December average rate of 24.8986, the exchange rate registered a net change of -11.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2012 high of 29.0751 was down 11.28% compared to the 2011 peak of 32.7706, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
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GHS 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 26.5507, compared to 25.3177 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 1.2330 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was March, with a trading range of 1.8427 MKD (High: 27.7099 / Low: 25.8672). On the other end, December was the most stable month, with a tight range of 0.2600 MKD (High: 24.9948 / Low: 24.7348).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2012. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.9320 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2012: 28.1824) against the same month in 2011 (average: 30.5635), the exchange rate shifted by -2.3812 (-7.79%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 29.0751 | 27.3885 | 28.1824 |
| February | 28.0732 | 26.4789 | 27.4864 |
| March | 27.7099 | 25.8672 | 26.7692 |
| April | 26.5176 | 25.0327 | 25.8372 |
| May | 26.0794 | 25.0330 | 25.4497 |
| June | 26.2007 | 25.2156 | 25.5793 |
| July | 25.9686 | 24.9944 | 25.4720 |
| August | 25.8538 | 25.3455 | 25.6051 |
| September | 26.0413 | 24.6063 | 25.4269 |
| October | 25.3883 | 25.0548 | 25.1969 |
| November | 25.5027 | 24.8575 | 25.3071 |
| December | 24.9948 | 24.7348 | 24.8986 |