2011 MKD to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MKD to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MKD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 26.1299. Conversely, the yearly low was recorded on January 12, dropping to 23.5339.
This high-to-low spread represents a total annual volatility of 2.5960 KRW. From a start-to-finish perspective, comparing the January average rate of 24.3770 to the December average rate of 24.6489, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 26.1299 was down 4.10% compared to the 2010 peak of 27.2474, 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 KRW 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 25.1651, compared to 25.0351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1300 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was September, with a trading range of 2.1079 KRW (High: 26.0765 / Low: 23.9686). On the other end, November was the most stable month, with a tight range of 0.6312 KRW (High: 25.3689 / Low: 24.7377).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.7263 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2011: 25.3683) against the same month in 2010 (average: 23.9356), the exchange rate shifted by +1.4327 (+5.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.9872 | 23.5339 | 24.3770 |
| February | 25.4315 | 24.3894 | 24.8378 |
| March | 26.0000 | 25.2496 | 25.5398 |
| April | 25.8802 | 25.0933 | 25.5273 |
| May | 26.1299 | 25.0791 | 25.3683 |
| June | 25.8422 | 24.9849 | 25.3404 |
| July | 25.1572 | 24.2224 | 24.6141 |
| August | 25.5367 | 24.3385 | 25.1142 |
| September | 26.0765 | 23.9686 | 25.0513 |
| October | 26.0867 | 25.3412 | 25.7435 |
| November | 25.3689 | 24.7377 | 25.0385 |
| December | 24.9250 | 24.2625 | 24.6489 |