YEARLY HIGH
0.0165 EUR
YEARLY LOW
0.0161 EUR
YEARLY AVERAGE
0.0163 EUR

2011 MKD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0165. Conversely, the yearly low was recorded on November 8, dropping to 0.0161.

This high-to-low spread represents a total annual volatility of 0.0005 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0163 to the December average rate of 0.0163, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0165 was up 0.36% compared to the 2010 peak of 0.0165, 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 83 EUR
2010 Average 81 EUR
Yearly Trough Low 80 EUR
Transaction Impact: A difference of 2.41 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0163
0.0163
JanuMarcMayJulySeptNove

MKD to EUR 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 0.0163, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0163
H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0004 EUR (High: 0.0164 / Low: 0.0161). On the other end, April was the most stable month, with a tight range of 0.0001 EUR (High: 0.0163 / Low: 0.0162).

November Spread (Volatile) ±0.0004
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0163) against the same month in 2010 (average: 0.0163), the exchange rate shifted by +0.0000 (+0.06%).

2011 Avg (May) 0.0163
2010 Avg (May) 0.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0164 0.0161 0.0163
February 0.0164 0.0162 0.0163
March 0.0163 0.0162 0.0163
April 0.0163 0.0162 0.0163
May 0.0165 0.0162 0.0163
June 0.0164 0.0162 0.0163
July 0.0164 0.0161 0.0163
August 0.0165 0.0162 0.0163
September 0.0164 0.0162 0.0163
October 0.0164 0.0161 0.0163
November 0.0164 0.0161 0.0163
December 0.0164 0.0162 0.0163