2011 CAD to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 CAD to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the CAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 47.9717. Conversely, the yearly low was recorded on May 5, dropping to 42.8589.
This high-to-low spread represents a total annual volatility of 5.1128 MKD. From a start-to-finish perspective, comparing the January average rate of 46.1879 to the December average rate of 45.5384, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 47.9717 was down 2.66% compared to the 2010 peak of 49.2842, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
CAD 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: Jan–Jun) was 44.8005, compared to 44.4469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3537 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 3.1815 MKD (High: 47.9717 / Low: 44.7902). On the other end, October was the most stable month, with a tight range of 0.9626 MKD (High: 44.3555 / Low: 43.3929).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.3809 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 46.1879) against the same month in 2010 (average: 41.1985), the exchange rate shifted by +4.9894 (+12.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 47.9717 | 44.7902 | 46.1879 |
| February | 46.1960 | 44.9113 | 45.5632 |
| March | 45.6891 | 44.1044 | 44.8837 |
| April | 44.9579 | 43.5857 | 44.3586 |
| May | 44.9394 | 42.8589 | 44.1696 |
| June | 44.2050 | 42.8779 | 43.6403 |
| July | 45.6565 | 44.0651 | 44.9760 |
| August | 45.1170 | 42.9794 | 43.5951 |
| September | 45.5558 | 43.4987 | 44.5112 |
| October | 44.3555 | 43.3929 | 43.8757 |
| November | 45.0932 | 43.6229 | 44.1849 |
| December | 46.6265 | 44.7459 | 45.5384 |