2011 MKD to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MKD to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MKD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 4.3101. Conversely, the yearly low was recorded on January 10, dropping to 3.7369.
This high-to-low spread represents a total annual volatility of 0.5731 DJF. From a start-to-finish perspective, comparing the January average rate of 3.8711 to the December average rate of 3.8248, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 4.3101 was up 2.19% compared to the 2010 peak of 4.2177, 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 DJF 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: Jan–Jun) was 4.0643, compared to 3.9997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0646 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 0.2835 DJF (High: 4.1010 / Low: 3.8174). On the other end, August was the most stable month, with a tight range of 0.0996 DJF (High: 4.1957 / Low: 4.0960).
Growth Streaks & Declines
TrendsBetween 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 0.1591 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2011: 4.1583) against the same month in 2010 (average: 3.6505), the exchange rate shifted by +0.5078 (+13.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.9724 | 3.7369 | 3.8711 |
| February | 4.0065 | 3.8924 | 3.9519 |
| March | 4.1157 | 3.9889 | 4.0534 |
| April | 4.3037 | 4.0955 | 4.1857 |
| May | 4.3101 | 4.0604 | 4.1583 |
| June | 4.2435 | 4.0801 | 4.1654 |
| July | 4.1994 | 4.0474 | 4.1350 |
| August | 4.1957 | 4.0960 | 4.1506 |
| September | 4.1372 | 3.8895 | 3.9915 |
| October | 4.1010 | 3.8174 | 3.9728 |
| November | 3.9993 | 3.8319 | 3.9232 |
| December | 3.9077 | 3.7493 | 3.8248 |