YEARLY HIGH
0.0316 MKD
YEARLY LOW
0.0274 MKD
YEARLY AVERAGE
0.0293 MKD

2011 LBP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LBP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0316. Conversely, the yearly low was recorded on May 1, dropping to 0.0274.

This high-to-low spread represents a total annual volatility of 0.0042 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0306 to the December average rate of 0.0309, the exchange rate registered a net change of 1.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0316 was down 7.35% compared to the 2010 peak of 0.0341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158 MKD
2010 Average 154 MKD
Yearly Trough Low 137 MKD
Transaction Impact: A difference of 20.96 MKD purely based on transaction execution date.

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0.0312
0.0280
JanuMarcMayJulySeptNove

LBP 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 0.0291, compared to 0.0295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0291
H2 Avg (Jul–Dec) 0.0295

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0021 MKD (High: 0.0309 / Low: 0.0288). On the other end, August was the most stable month, with a tight range of 0.0007 MKD (High: 0.0287 / Low: 0.0281).

October Spread (Volatile) Âą0.0021
August Spread (Stable) Âą0.0007

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 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0309) against the same month in 2010 (average: 0.0309), the exchange rate shifted by +0.0000 (+0.05%).

2011 Avg (December) 0.0309
2010 Avg (December) 0.0309

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Month High Low Average
January 0.0316 0.0298 0.0306
February 0.0304 0.0295 0.0299
March 0.0297 0.0287 0.0292
April 0.0288 0.0274 0.0282
May 0.0290 0.0274 0.0284
June 0.0288 0.0278 0.0282
July 0.0290 0.0280 0.0284
August 0.0287 0.0281 0.0284
September 0.0303 0.0285 0.0296
October 0.0309 0.0288 0.0297
November 0.0308 0.0295 0.0301
December 0.0316 0.0302 0.0309