2011 MKD to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MKD to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MKD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 5.1487. Conversely, the yearly low was recorded on July 7, dropping to 4.2877.
This high-to-low spread represents a total annual volatility of 0.8610 HUF. From a start-to-finish perspective, comparing the January average rate of 4.4831 to the December average rate of 4.9661, the exchange rate registered a net change of 10.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 5.1487 was up 8.99% compared to the 2010 peak of 4.7241, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
MKD to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.3891, compared to 4.7105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3214 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was September, with a trading range of 0.3211 HUF (High: 4.7759 / Low: 4.4548). On the other end, February was the most stable month, with a tight range of 0.0716 HUF (High: 4.4540 / Low: 4.3823).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0921 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 5.0317) against the same month in 2010 (average: 4.4875), the exchange rate shifted by +0.5442 (+12.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.5627 | 4.4292 | 4.4831 |
| February | 4.4540 | 4.3823 | 4.4164 |
| March | 4.4619 | 4.3336 | 4.4115 |
| April | 4.3641 | 4.2892 | 4.3194 |
| May | 4.4029 | 4.2959 | 4.3567 |
| June | 4.3941 | 4.2939 | 4.3474 |
| July | 4.4423 | 4.2877 | 4.3559 |
| August | 4.4905 | 4.3815 | 4.4380 |
| September | 4.7759 | 4.4548 | 4.6375 |
| October | 4.9664 | 4.7447 | 4.8338 |
| November | 5.1487 | 4.9310 | 5.0317 |
| December | 5.1182 | 4.8850 | 4.9661 |