YEARLY HIGH
0.3093 MXN
YEARLY LOW
0.2553 MXN
YEARLY AVERAGE
0.2816 MXN

2011 MKD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.3093. Conversely, the yearly low was recorded on January 12, dropping to 0.2553.

This high-to-low spread represents a total annual volatility of 0.0540 MXN. From a start-to-finish perspective, comparing the January average rate of 0.2644 to the December average rate of 0.2954, the exchange rate registered a net change of 11.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3093 was up 0.50% compared to the 2010 peak of 0.3077, 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 1,546 MXN
2010 Average 1,365 MXN
Yearly Trough Low 1,276 MXN
Transaction Impact: A difference of 270.16 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3063
0.2606
JanuMarcMayJulySeptNove

MKD to MXN 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 0.2719, compared to 0.2913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.2719
H2 Avg (Jul–Dec) 0.2913

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0212 MXN (High: 0.2935 / Low: 0.2723). On the other end, December was the most stable month, with a tight range of 0.0053 MXN (High: 0.2983 / Low: 0.2930).

August Spread (Volatile) ±0.0212
December Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0071 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.3025) against the same month in 2010 (average: 0.2745), the exchange rate shifted by +0.0279 (+10.17%).

2011 Avg (November) 0.3025
2010 Avg (November) 0.2745

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2712 0.2553 0.2644
February 0.2734 0.2638 0.2682
March 0.2775 0.2684 0.2737
April 0.2789 0.2726 0.2756
May 0.2824 0.2680 0.2725
June 0.2813 0.2727 0.2769
July 0.2751 0.2687 0.2715
August 0.2935 0.2723 0.2860
September 0.3047 0.2844 0.2923
October 0.3079 0.2927 0.3004
November 0.3093 0.2958 0.3025
December 0.2983 0.2930 0.2954