2012 GIP to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2012.
2012 GIP to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the GIP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 80.2186. Conversely, the yearly low was recorded on February 26, dropping to 72.6560.
This high-to-low spread represents a total annual volatility of 7.5625 MKD. From a start-to-finish perspective, comparing the January average rate of 73.8843 to the December average rate of 75.8127, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2012 high of 80.2186 was up 8.52% compared to the 2011 peak of 73.9190, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2012.
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 74.7067, compared to 77.2518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5451 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was July, with a trading range of 3.3251 MKD (High: 80.2186 / Low: 76.8935). On the other end, December was the most stable month, with a tight range of 0.5161 MKD (High: 76.1269 / Low: 75.6108).
Growth Streaks & Declines
TrendsBetween February and May, 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 1.6097 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2012: 78.3661) against the same month in 2011 (average: 69.3176), the exchange rate shifted by +9.0484 (+13.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 74.2940 | 73.2870 | 73.8843 |
| February | 74.3952 | 72.6560 | 73.5596 |
| March | 74.2068 | 73.2198 | 73.6485 |
| April | 75.4314 | 73.4331 | 74.6993 |
| May | 76.9481 | 75.4002 | 76.2901 |
| June | 76.9803 | 75.5510 | 76.1583 |
| July | 80.2186 | 76.8935 | 78.3661 |
| August | 79.5993 | 77.8672 | 78.9387 |
| September | 79.3547 | 76.2554 | 77.8437 |
| October | 76.9263 | 75.3691 | 76.2340 |
| November | 76.5593 | 75.8625 | 76.3158 |
| December | 76.1269 | 75.6108 | 75.8127 |