YEARLY HIGH
1.1556 INR
YEARLY LOW
0.9523 INR
YEARLY AVERAGE
1.0563 INR

2011 MKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 1.1556. Conversely, the yearly low was recorded on January 11, dropping to 0.9523.

This high-to-low spread represents a total annual volatility of 0.2033 INR. From a start-to-finish perspective, comparing the January average rate of 0.9892 to the December average rate of 1.1252, the exchange rate registered a net change of 13.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1556 was up 5.80% compared to the 2010 peak of 1.0922, 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 5,778 INR
2010 Average 4,937 INR
Yearly Trough Low 4,762 INR
Transaction Impact: A difference of 1,016.50 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1388
0.9756
JanuMarcMayJulySeptNove

MKD to INR 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 1.0284, compared to 1.0842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0558 points.

H1 Avg (Jan–Jun) 1.0284
H2 Avg (Jul–Dec) 1.0842

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0724 INR (High: 1.0247 / Low: 0.9523). On the other end, February was the most stable month, with a tight range of 0.0292 INR (High: 1.0249 / Low: 0.9957).

January Spread (Volatile) ±0.0724
February Spread (Stable) ±0.0292

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.0178 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 1.1196) against the same month in 2010 (average: 1.0015), the exchange rate shifted by +0.1181 (+11.79%).

2011 Avg (November) 1.1196
2010 Avg (November) 1.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0247 0.9523 0.9892
February 1.0249 0.9957 1.0098
March 1.0410 1.0105 1.0252
April 1.0711 1.0241 1.0444
May 1.0815 1.0326 1.0507
June 1.0667 1.0305 1.0508
July 1.0524 1.0170 1.0330
August 1.0862 1.0224 1.0599
September 1.0877 1.0496 1.0671
October 1.1273 1.0598 1.1003
November 1.1556 1.0942 1.1196
December 1.1481 1.1134 1.1252