YEARLY HIGH
0.0242 MKD
YEARLY LOW
0.0206 MKD
YEARLY AVERAGE
0.0221 MKD

2010 MGA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MGA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.0242. Conversely, the yearly low was recorded on February 24, dropping to 0.0206.

This high-to-low spread represents a total annual volatility of 0.0036 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0212 to the December average rate of 0.0220, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 121 MKD
Yearly Average 111 MKD
Yearly Trough Low 103 MKD
Transaction Impact: A difference of 18.12 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0237
0.0206
JanuMarcMayJulySeptNove

MGA 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 0.0219, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0219
H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2010 was August, with a trading range of 0.0024 MKD (High: 0.0238 / Low: 0.0214). On the other end, February was the most stable month, with a tight range of 0.0005 MKD (High: 0.0211 / Low: 0.0206).

August Spread (Volatile) ±0.0024
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between 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 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.0234.

2010 Avg (May) 0.0234
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0217 0.0207 0.0212
February 0.0211 0.0206 0.0209
March 0.0219 0.0207 0.0211
April 0.0227 0.0216 0.0220
May 0.0242 0.0225 0.0234
June 0.0238 0.0222 0.0230
July 0.0222 0.0215 0.0218
August 0.0238 0.0214 0.0221
September 0.0240 0.0224 0.0233
October 0.0224 0.0218 0.0221
November 0.0233 0.0219 0.0226
December 0.0232 0.0216 0.0220