YEARLY HIGH
0.1884 HKD
YEARLY LOW
0.1632 HKD
YEARLY AVERAGE
0.1766 HKD

2011 MKD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1884. Conversely, the yearly low was recorded on December 29, dropping to 0.1632.

This high-to-low spread represents a total annual volatility of 0.0253 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1695 to the December average rate of 0.1670, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1884 was up 2.38% compared to the 2010 peak of 0.1841, 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 942 HKD
2010 Average 840 HKD
Yearly Trough Low 816 HKD
Transaction Impact: A difference of 126.31 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1847
0.1654
JanuMarcMayJulySeptNove

MKD to HKD 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 0.1780, compared to 0.1752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1780
H2 Avg (Jul–Dec) 0.1752

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0120 HKD (High: 0.1792 / Low: 0.1672). On the other end, August was the most stable month, with a tight range of 0.0043 HKD (High: 0.1840 / Low: 0.1797).

October Spread (Volatile) ±0.0120
August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between 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 0.0071 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.1819) against the same month in 2010 (average: 0.1599), the exchange rate shifted by +0.0220 (+13.75%).

2011 Avg (May) 0.1819
2010 Avg (May) 0.1599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1741 0.1635 0.1695
February 0.1756 0.1707 0.1732
March 0.1805 0.1748 0.1777
April 0.1881 0.1793 0.1831
May 0.1884 0.1777 0.1819
June 0.1857 0.1791 0.1825
July 0.1839 0.1775 0.1812
August 0.1840 0.1797 0.1821
September 0.1812 0.1707 0.1751
October 0.1792 0.1672 0.1739
November 0.1749 0.1681 0.1717
December 0.1708 0.1632 0.1670