YEARLY HIGH
0.0233 MKD
YEARLY LOW
0.0208 MKD
YEARLY AVERAGE
0.0219 MKD

2012 MGA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MGA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0233. Conversely, the yearly low was recorded on December 25, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0026 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0209, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0233 was up 0.80% compared to the 2011 peak of 0.0232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117 MKD
2011 Average 109 MKD
Yearly Trough Low 104 MKD
Transaction Impact: A difference of 12.77 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0232
0.0207
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 0.0221, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0221
H2 Avg (Jul–Dec) 0.0217

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0012 MKD (High: 0.0233 / Low: 0.0221). On the other end, December was the most stable month, with a tight range of 0.0003 MKD (High: 0.0211 / Low: 0.0208).

May Spread (Volatile) ±0.0012
December Spread (Stable) ±0.0003

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 June and July, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2012: 0.0230) against the same month in 2011 (average: 0.0218), the exchange rate shifted by +0.0012 (+5.42%).

2012 Avg (May) 0.0230
2011 Avg (May) 0.0218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0217 0.0212 0.0214
February 0.0217 0.0210 0.0214
March 0.0220 0.0214 0.0217
April 0.0224 0.0218 0.0222
May 0.0233 0.0221 0.0230
June 0.0233 0.0225 0.0229
July 0.0225 0.0215 0.0221
August 0.0224 0.0218 0.0221
September 0.0224 0.0215 0.0219
October 0.0219 0.0214 0.0216
November 0.0216 0.0211 0.0213
December 0.0211 0.0208 0.0209