YEARLY HIGH
2.0658 JMD
YEARLY LOW
1.8097 JMD
YEARLY AVERAGE
1.9483 JMD

2011 MKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 2.0658. Conversely, the yearly low was recorded on December 31, dropping to 1.8097.

This high-to-low spread represents a total annual volatility of 0.2561 JMD. From a start-to-finish perspective, comparing the January average rate of 1.8920 to the December average rate of 1.8514, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.0658 was down 2.17% compared to the 2010 peak of 2.1117, 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 10,329 JMD
2010 Average 9,482 JMD
Yearly Trough Low 9,048 JMD
Transaction Impact: A difference of 1,280.64 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.0290
1.8353
JanuMarcMayJulySeptNove

MKD to JMD 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 1.9682, compared to 1.9285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0397 points.

H1 Avg (Jan–Jun) 1.9682
H2 Avg (Jul–Dec) 1.9285

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1397 JMD (High: 1.9852 / Low: 1.8454). On the other end, August was the most stable month, with a tight range of 0.0522 JMD (High: 2.0225 / Low: 1.9704).

October Spread (Volatile) ±0.1397
August Spread (Stable) ±0.0522

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 0.0746 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0746

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 1.9909) against the same month in 2010 (average: 1.8189), the exchange rate shifted by +0.1720 (+9.46%).

2011 Avg (May) 1.9909
2010 Avg (May) 1.8189

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9460 1.8281 1.8920
February 1.9642 1.9010 1.9320
March 2.0181 1.9518 1.9844
April 2.0635 1.9665 2.0129
May 2.0658 1.9403 1.9909
June 2.0358 1.9516 1.9971
July 2.0225 1.9364 1.9850
August 2.0225 1.9704 1.9961
September 1.9944 1.8696 1.9215
October 1.9852 1.8454 1.9186
November 1.9343 1.8523 1.8984
December 1.8954 1.8097 1.8514