YEARLY HIGH
0.0147 GBP
YEARLY LOW
0.0135 GBP
YEARLY AVERAGE
0.0141 GBP

2011 MKD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 0.0147. Conversely, the yearly low was recorded on January 12, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0012 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0138, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0147 was down 0.83% compared to the 2010 peak of 0.0148, 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 74 GBP
2010 Average 70 GBP
Yearly Trough Low 67 GBP
Transaction Impact: A difference of 6.22 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0145
0.0137
JanuMarcMayJulySeptNove

MKD to GBP 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 0.0141, compared to 0.0141 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) 0.0141
H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.0006 GBP (High: 0.0144 / Low: 0.0138). On the other end, February was the most stable month, with a tight range of 0.0003 GBP (High: 0.0139 / Low: 0.0137).

March Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and April, 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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.0144) against the same month in 2010 (average: 0.0136), the exchange rate shifted by +0.0008 (+5.90%).

2011 Avg (July) 0.0144
2010 Avg (July) 0.0136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0141 0.0135 0.0138
February 0.0139 0.0137 0.0138
March 0.0144 0.0138 0.0141
April 0.0145 0.0142 0.0144
May 0.0147 0.0141 0.0143
June 0.0147 0.0142 0.0145
July 0.0147 0.0142 0.0144
August 0.0145 0.0141 0.0143
September 0.0144 0.0140 0.0142
October 0.0143 0.0139 0.0142
November 0.0141 0.0138 0.0140
December 0.0141 0.0135 0.0138