YEARLY HIGH
0.0413 GEL
YEARLY LOW
0.0355 GEL
YEARLY AVERAGE
0.0386 GEL

2010 MKD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MKD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.0413. Conversely, the yearly low was recorded on May 27, dropping to 0.0355.

This high-to-low spread represents a total annual volatility of 0.0058 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0398 to the December average rate of 0.0380, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 207 GEL
Yearly Average 193 GEL
Yearly Trough Low 178 GEL
Transaction Impact: A difference of 28.85 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0410
0.0365
JanuMarcMayJulySeptNove

MKD to GEL 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 0.0383, compared to 0.0390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0383
H2 Avg (Jul–Dec) 0.0390

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.0035 GEL (High: 0.0409 / Low: 0.0374). On the other end, April was the most stable month, with a tight range of 0.0006 GEL (High: 0.0385 / Low: 0.0380).

November Spread (Volatile) ±0.0035
April Spread (Stable) ±0.0006

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 October and November, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 0.0406.

2010 Avg (October) 0.0406
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0404 0.0392 0.0398
February 0.0395 0.0378 0.0386
March 0.0388 0.0377 0.0382
April 0.0385 0.0380 0.0385
May 0.0385 0.0355 0.0377
June 0.0381 0.0356 0.0369
July 0.0392 0.0369 0.0383
August 0.0397 0.0378 0.0387
September 0.0402 0.0382 0.0390
October 0.0413 0.0400 0.0406
November 0.0409 0.0374 0.0392
December 0.0386 0.0375 0.0380