YEARLY HIGH
0.0425 MKD
YEARLY LOW
0.0383 MKD
YEARLY AVERAGE
0.0399 MKD

2011 KRW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KRW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0425. Conversely, the yearly low was recorded on May 5, dropping to 0.0383.

This high-to-low spread represents a total annual volatility of 0.0042 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0410 to the December average rate of 0.0406, the exchange rate registered a net change of -1.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0425 was down 2.21% compared to the 2010 peak of 0.0435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 212,459 MKD
2010 Average 200,375 MKD
Yearly Trough Low 191,351 MKD
Transaction Impact: A difference of 21,107.80 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0413
0.0386
JanuMarcMayJulySeptNove

KRW 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 0.0398, compared to 0.0400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0398
H2 Avg (Jul–Dec) 0.0400

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0034 MKD (High: 0.0417 / Low: 0.0383). On the other end, November was the most stable month, with a tight range of 0.0010 MKD (High: 0.0404 / Low: 0.0394).

September Spread (Volatile) ±0.0034
November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0410) against the same month in 2010 (average: 0.0377), the exchange rate shifted by +0.0033 (+8.77%).

2011 Avg (January) 0.0410
2010 Avg (January) 0.0377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0425 0.0400 0.0410
February 0.0410 0.0393 0.0403
March 0.0396 0.0385 0.0392
April 0.0399 0.0386 0.0392
May 0.0399 0.0383 0.0394
June 0.0400 0.0387 0.0395
July 0.0413 0.0398 0.0406
August 0.0411 0.0392 0.0398
September 0.0417 0.0383 0.0399
October 0.0395 0.0383 0.0388
November 0.0404 0.0394 0.0399
December 0.0412 0.0401 0.0406