YEARLY HIGH
2.9429 ISK
YEARLY LOW
2.4413 ISK
YEARLY AVERAGE
2.6389 ISK

2010 MKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.9429. Conversely, the yearly low was recorded on September 8, dropping to 2.4413.

This high-to-low spread represents a total annual volatility of 0.5015 ISK. From a start-to-finish perspective, comparing the January average rate of 2.9256 to the December average rate of 2.4942, the exchange rate registered a net change of -14.75% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 14,714 ISK
Yearly Average 13,194 ISK
Yearly Trough Low 12,207 ISK
Transaction Impact: A difference of 2,507.75 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.9703
2.4343
JanuMarcMayJulySeptNove

MKD to ISK 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 2.7670, compared to 2.5107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2563 points.

H1 Avg (Jan–Jun) 2.7670
H2 Avg (Jul–Dec) 2.5107

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.1859 ISK (High: 2.7695 / Low: 2.5836). On the other end, April was the most stable month, with a tight range of 0.0341 ISK (High: 2.8022 / Low: 2.7681).

May Spread (Volatile) ±0.1859
April Spread (Stable) ±0.0341

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1321 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1321

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 2.9256.

2010 Avg (January) 2.9256
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9429 2.8967 2.9256
February 2.8943 2.8391 2.8587
March 2.8439 2.7980 2.8206
April 2.8022 2.7681 2.7896
May 2.7695 2.5836 2.6575
June 2.5663 2.5262 2.5503
July 2.5829 2.5461 2.5627
August 2.5616 2.4863 2.5064
September 2.5160 2.4413 2.4790
October 2.5459 2.5095 2.5250
November 2.5236 2.4811 2.4970
December 2.5295 2.4665 2.4942