2011 GBP to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GBP to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GBP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 74.2161. Conversely, the yearly low was recorded on July 3, dropping to 67.9476.
This high-to-low spread represents a total annual volatility of 6.2685 MKD. From a start-to-finish perspective, comparing the January average rate of 72.4278 to the December average rate of 72.6841, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 74.2161 was down 2.06% compared to the 2010 peak of 75.7745, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GBP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
GBP 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 70.7279, compared to 70.7805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0526 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 3.1388 MKD (High: 74.2161 / Low: 71.0773). On the other end, February was the most stable month, with a tight range of 1.4884 MKD (High: 73.2545 / Low: 71.7661).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.6916 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 72.4278) against the same month in 2010 (average: 69.4997), the exchange rate shifted by +2.9280 (+4.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 74.2161 | 71.0773 | 72.4278 |
| February | 73.2545 | 71.7661 | 72.5209 |
| March | 72.4737 | 69.3716 | 70.8292 |
| April | 70.4557 | 68.9073 | 69.5291 |
| May | 70.9121 | 68.0712 | 69.8886 |
| June | 70.2310 | 68.1098 | 69.1717 |
| July | 70.5116 | 67.9476 | 69.4144 |
| August | 70.8365 | 69.1244 | 70.0455 |
| September | 71.2080 | 69.5491 | 70.3543 |
| October | 71.8029 | 69.8479 | 70.5622 |
| November | 72.6806 | 70.8795 | 71.6222 |
| December | 73.8494 | 71.1241 | 72.6841 |