2010 GIP to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 GIP to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the GIP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 75.7211. Conversely, the yearly low was recorded on March 10, dropping to 67.3298.
This high-to-low spread represents a total annual volatility of 8.3914 MKD. From a start-to-finish perspective, comparing the January average rate of 69.5407 to the December average rate of 72.3891, the exchange rate registered a net change of 4.10% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
GIP 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 70.5449, compared to 72.5603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0154 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was September, with a trading range of 3.4431 MKD (High: 74.6481 / Low: 71.2050). On the other end, March was the most stable month, with a tight range of 1.6345 MKD (High: 68.9643 / Low: 67.3298).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.1020 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 74.1109.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.2214 | 68.1486 | 69.5407 |
| February | 70.7289 | 68.7402 | 69.9991 |
| March | 68.9643 | 67.3298 | 68.0678 |
| April | 71.1554 | 69.3500 | 70.0994 |
| May | 72.7972 | 70.4498 | 71.4515 |
| June | 75.7211 | 73.4287 | 74.1109 |
| July | 75.0681 | 72.3381 | 73.4755 |
| August | 75.1555 | 73.4727 | 74.5015 |
| September | 74.6481 | 71.2050 | 73.1571 |
| October | 70.8924 | 68.7518 | 70.0551 |
| November | 73.2578 | 70.0627 | 71.7835 |
| December | 73.3409 | 71.2917 | 72.3891 |