YEARLY HIGH
0.0172 JOD
YEARLY LOW
0.0149 JOD
YEARLY AVERAGE
0.0161 JOD

2011 MKD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0172. Conversely, the yearly low was recorded on December 29, dropping to 0.0149.

This high-to-low spread represents a total annual volatility of 0.0023 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0154 to the December average rate of 0.0152, the exchange rate registered a net change of -1.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0172 was up 2.25% compared to the 2010 peak of 0.0168, 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 86 JOD
2010 Average 77 JOD
Yearly Trough Low 74 JOD
Transaction Impact: A difference of 11.45 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0168
0.0151
JanuMarcMayJulySeptNove

MKD to JOD 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 0.0162, compared to 0.0160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0162
H2 Avg (Jul–Dec) 0.0160

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0012 JOD (High: 0.0164 / Low: 0.0152). On the other end, August was the most stable month, with a tight range of 0.0004 JOD (High: 0.0167 / Low: 0.0163).

October Spread (Volatile) ±0.0012
August Spread (Stable) ±0.0004

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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0166) against the same month in 2010 (average: 0.0146), the exchange rate shifted by +0.0020 (+13.93%).

2011 Avg (May) 0.0166
2010 Avg (May) 0.0146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0158 0.0149 0.0154
February 0.0160 0.0155 0.0158
March 0.0164 0.0159 0.0162
April 0.0172 0.0163 0.0167
May 0.0172 0.0162 0.0166
June 0.0169 0.0163 0.0166
July 0.0168 0.0161 0.0165
August 0.0167 0.0163 0.0166
September 0.0165 0.0155 0.0159
October 0.0164 0.0152 0.0159
November 0.0160 0.0153 0.0157
December 0.0156 0.0149 0.0152