2011 CZK to MKD Historical Review

YEARLY HIGH

2.5544 MKD

YEARLY LOW

2.3556 MKD

YEARLY AVERAGE

2.4974 MKD

2011 CZK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CZK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 2.5544. Conversely, the yearly low was recorded on November 26, dropping to 2.3556.

This high-to-low spread represents a total annual volatility of 0.1988 MKD. From a start-to-finish perspective, comparing the January average rate of 2.5097 to the December average rate of 2.4061, the exchange rate registered a net change of -4.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.5544 was up 1.68% compared to the 2010 peak of 2.5122, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,772 MKD

2010 Average 12,137 MKD

Yearly Trough Low 11,778 MKD

Transaction Impact: A difference of 993.83 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.5427

2.3937

JanuMarcMayJulySeptNove

CZK 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 2.5209, compared to 2.4738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0471 points.

H1 Avg (Jan–Jun) 2.5209

H2 Avg (Jul–Dec) 2.4738

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.1084 MKD (High: 2.4640 / Low: 2.3556). On the other end, October was the most stable month, with a tight range of 0.0288 MKD (High: 2.4863 / Low: 2.4575).

November Spread (Volatile) ±0.1084

October Spread (Stable) ±0.0288

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0632 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 2.5281) against the same month in 2010 (average: 2.3641), the exchange rate shifted by +0.1640 (+6.94%).

2011 Avg (February) 2.5281

2010 Avg (February) 2.3641

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5382	2.4476	2.5097
February	2.5544	2.5023	2.5281
March	2.5374	2.4988	2.5179
April	2.5488	2.5077	2.5276
May	2.5404	2.4916	2.5143
June	2.5476	2.5006	2.5277
July	2.5498	2.5057	2.5249
August	2.5539	2.5030	2.5303
September	2.5394	2.4648	2.4994
October	2.4863	2.4575	2.4726
November	2.4640	2.3556	2.4095
December	2.4406	2.3760	2.4061