2011 MKD to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MKD to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MKD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 19.8477. Conversely, the yearly low was recorded on November 24, dropping to 2.9665.
This high-to-low spread represents a total annual volatility of 16.8812 KPW. From a start-to-finish perspective, comparing the January average rate of 3.1162 to the December average rate of 14.4774, the exchange rate registered a net change of 364.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 19.8477 was up 484.57% compared to the 2010 peak of 3.3952, 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 KPW 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 3.2125, compared to 5.1448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9323 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was November, with a trading range of 16.8812 KPW (High: 19.8477 / Low: 2.9665). On the other end, September was the most stable month, with a tight range of 0.0438 KPW (High: 3.0800 / Low: 3.0362).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2602 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 4.1278) against the same month in 2010 (average: 3.1860), the exchange rate shifted by +0.9418 (+29.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.1981 | 3.0084 | 3.1162 |
| February | 3.2263 | 3.1335 | 3.1815 |
| March | 3.3145 | 3.2115 | 3.2634 |
| April | 3.4638 | 3.2989 | 3.3701 |
| May | 3.4702 | 3.1484 | 3.3020 |
| June | 3.0753 | 3.0031 | 3.0418 |
| July | 3.1048 | 3.0286 | 3.0722 |
| August | 3.0548 | 3.0003 | 3.0245 |
| September | 3.0800 | 3.0362 | 3.0591 |
| October | 3.2106 | 2.9878 | 3.1079 |
| November | 19.8477 | 2.9665 | 4.1278 |
| December | 19.5580 | 2.9878 | 14.4774 |