YEARLY HIGH
0.2940 ETB
YEARLY LOW
0.2178 ETB
YEARLY AVERAGE
0.2512 ETB

2010 MKD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MKD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.2940. Conversely, the yearly low was recorded on June 8, dropping to 0.2178.

This high-to-low spread represents a total annual volatility of 0.0762 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2504 to the December average rate of 0.2735, the exchange rate registered a net change of 9.26% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 1,470 ETB
Yearly Average 1,256 ETB
Yearly Trough Low 1,089 ETB
Transaction Impact: A difference of 380.92 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.2929
0.2165
JanuMarcMayJulySeptNove

MKD to ETB 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 0.2393, compared to 0.2630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0237 points.

H1 Avg (Jan–Jun) 0.2393
H2 Avg (Jul–Dec) 0.2630

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0463 ETB (High: 0.2811 / Low: 0.2348). On the other end, April was the most stable month, with a tight range of 0.0027 ETB (High: 0.2464 / Low: 0.2437).

September Spread (Volatile) ±0.0463
April Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0146 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 0.2822.

2010 Avg (November) 0.2822
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2556 0.2453 0.2504
February 0.2463 0.2371 0.2412
March 0.2489 0.2429 0.2464
April 0.2464 0.2437 0.2449
May 0.2442 0.2227 0.2303
June 0.2261 0.2178 0.2228
July 0.2391 0.2241 0.2333
August 0.2426 0.2323 0.2361
September 0.2811 0.2348 0.2666
October 0.2905 0.2824 0.2865
November 0.2940 0.2687 0.2822
December 0.2778 0.2705 0.2735