YEARLY HIGH
0.0891 AED
YEARLY LOW
0.0771 AED
YEARLY AVERAGE
0.0833 AED

2011 MKD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0891. Conversely, the yearly low was recorded on December 29, dropping to 0.0771.

This high-to-low spread represents a total annual volatility of 0.0120 AED. From a start-to-finish perspective, comparing the January average rate of 0.0800 to the December average rate of 0.0788, the exchange rate registered a net change of -1.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0891 was up 2.18% compared to the 2010 peak of 0.0872, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 445 AED
2010 Average 397 AED
Yearly Trough Low 386 AED
Transaction Impact: A difference of 59.85 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0873
0.0781
JanuMarcMayJulySeptNove

MKD to AED 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 0.0840, compared to 0.0826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0840
H2 Avg (Jul–Dec) 0.0826

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0059 AED (High: 0.0848 / Low: 0.0789). On the other end, August was the most stable month, with a tight range of 0.0021 AED (High: 0.0867 / Low: 0.0846).

October Spread (Volatile) ±0.0059
August Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0859) against the same month in 2010 (average: 0.0754), the exchange rate shifted by +0.0105 (+13.91%).

2011 Avg (May) 0.0859
2010 Avg (May) 0.0754

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0821 0.0772 0.0800
February 0.0828 0.0804 0.0817
March 0.0851 0.0824 0.0838
April 0.0889 0.0846 0.0865
May 0.0891 0.0839 0.0859
June 0.0877 0.0843 0.0861
July 0.0868 0.0836 0.0855
August 0.0867 0.0846 0.0858
September 0.0855 0.0804 0.0825
October 0.0848 0.0789 0.0821
November 0.0827 0.0792 0.0810
December 0.0807 0.0771 0.0788