2011 MKD to BYR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MKD to BYR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MKD to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 193.8651. Conversely, the yearly low was recorded on January 10, dropping to 63.4486.
This high-to-low spread represents a total annual volatility of 130.4165 BYR. From a start-to-finish perspective, comparing the January average rate of 65.5797 to the December average rate of 182.5507, the exchange rate registered a net change of 178.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 193.8651 was up 176.41% compared to the 2010 peak of 70.1369, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
MKD to BYR 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: JanāJun) was 73.8875, compared to 121.4488 in the second half (H2: JulāDec). This shows that the rate was stronger in the second half (JulāDec) by a margin of 47.5613 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was November, with a trading range of 65.3548 BYR (High: 193.8651 / Low: 128.5103). On the other end, February was the most stable month, with a tight range of 2.0946 BYR (High: 68.1549 / Low: 66.0603).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8133 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 165.2122) against the same month in 2010 (average: 67.4134), the exchange rate shifted by +97.7988 (+145.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.3053 | 63.4486 | 65.5797 |
| February | 68.1549 | 66.0603 | 67.0773 |
| March | 70.5330 | 67.9990 | 69.0067 |
| April | 73.3887 | 70.2025 | 71.7989 |
| May | 93.9410 | 70.4212 | 75.8521 |
| June | 95.8262 | 92.2659 | 94.0105 |
| July | 94.2770 | 91.4676 | 93.1972 |
| August | 95.9181 | 92.2807 | 94.2061 |
| September | 95.8712 | 92.5492 | 94.4059 |
| October | 131.1037 | 94.3782 | 99.1206 |
| November | 193.8651 | 128.5103 | 165.2122 |
| December | 189.1855 | 175.6622 | 182.5507 |