YEARLY HIGH
62.2798 MKD
YEARLY LOW
60.4641 MKD
YEARLY AVERAGE
61.3839 MKD

2011 EUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the EUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 62.2798. Conversely, the yearly low was recorded on May 5, dropping to 60.4641.

This high-to-low spread represents a total annual volatility of 1.8157 MKD. From a start-to-finish perspective, comparing the January average rate of 61.3953 to the December average rate of 61.3287, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 62.2798 was down 0.03% compared to the 2010 peak of 62.3014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 311,399 MKD
2010 Average 306,922 MKD
Yearly Trough Low 302,321 MKD
Transaction Impact: A difference of 9,078.57 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

61.4717
61.2368
JanuMarcMayJulySeptNove

EUR 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 61.3828, compared to 61.3851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 61.3828
H2 Avg (Jul–Dec) 61.3851

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 1.3510 MKD (High: 62.2798 / Low: 60.9288). On the other end, April was the most stable month, with a tight range of 0.4769 MKD (High: 61.6581 / Low: 61.1812).

November Spread (Volatile) ±1.3510
April Spread (Stable) ±0.4769

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.1479 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 61.4232) against the same month in 2010 (average: 61.2949), the exchange rate shifted by +0.1283 (+0.21%).

2011 Avg (November) 61.4232
2010 Avg (November) 61.2949

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61.9665 60.9165 61.3953
February 61.5950 60.9725 61.3958
March 61.7881 61.1627 61.4521
April 61.6581 61.1812 61.4043
May 61.6625 60.4641 61.2564
June 61.8257 60.8845 61.3927
July 61.9432 61.0955 61.4415
August 61.8578 60.7177 61.3842
September 61.6546 60.7937 61.3126
October 61.9694 60.9431 61.4201
November 62.2798 60.9288 61.4232
December 61.6612 60.9535 61.3287