YEARLY HIGH
48.6472 MGA
YEARLY LOW
41.3550 MGA
YEARLY AVERAGE
45.2553 MGA

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).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 243,236 MGA
Yearly Average 226,276 MGA
Yearly Trough Low 206,775 MGA
Transaction Impact: A difference of 36,461.04 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

48.4080
42.1729
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 45.6799
H2 Avg (Jul–Dec) 44.8306

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±4.6984
October Spread (Stable) ±1.2092

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.7438

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 47.8884.

2010 Avg (February) 47.8884
Baseline Avg N/A

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