YEARLY HIGH
75.7211 MKD
YEARLY LOW
67.3298 MKD
YEARLY AVERAGE
71.5526 MKD

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).

Transfer Payout Power Comparison

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

Yearly Peak High 378,606 MKD
Yearly Average 357,763 MKD
Yearly Trough Low 336,649 MKD
Transaction Impact: A difference of 41,956.80 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

75.1448
67.4244
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 70.5449
H2 Avg (Jul–Dec) 72.5603

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±3.4431
March Spread (Stable) ±1.6345

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.1020

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 74.1109.

2010 Avg (June) 74.1109
Baseline Avg N/A

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