2010 MKD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 MKD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the MKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 48.6472. Conversely, the yearly low was recorded on May 17, dropping to 41.3550.
This high-to-low spread represents a total annual volatility of 7.2922 MGA. From a start-to-finish perspective, comparing the January average rate of 47.1236 to the December average rate of 45.3954, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
MKD to MGA 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 45.6799, compared to 44.8306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8492 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was August, with a trading range of 4.6984 MGA (High: 46.6451 / Low: 41.9467). On the other end, October was the most stable month, with a tight range of 1.2092 MGA (High: 45.8432 / Low: 44.6341).
Growth Streaks & Declines
TrendsBetween May and July, 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 April and May, when the average rate fell by 2.7438 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 47.8884.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.2015 | 46.0131 | 47.1236 |
| February | 48.6472 | 47.4109 | 47.8884 |
| March | 48.2670 | 45.5783 | 47.4441 |
| April | 46.3478 | 44.0672 | 45.4363 |
| May | 44.4874 | 41.3550 | 42.6925 |
| June | 45.0929 | 41.9369 | 43.4944 |
| July | 46.4942 | 45.0929 | 45.8299 |
| August | 46.6451 | 41.9467 | 45.2966 |
| September | 44.7041 | 41.5841 | 42.8695 |
| October | 45.8432 | 44.6341 | 45.2533 |
| November | 45.7359 | 42.8927 | 44.3391 |
| December | 46.2292 | 43.0652 | 45.3954 |