YEARLY HIGH
0.8393 MZN
YEARLY LOW
0.6513 MZN
YEARLY AVERAGE
0.7373 MZN

2010 MKD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MKD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.8393. Conversely, the yearly low was recorded on February 16, dropping to 0.6513.

This high-to-low spread represents a total annual volatility of 0.1880 MZN. From a start-to-finish perspective, comparing the January average rate of 0.7024 to the December average rate of 0.7302, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 4,196 MZN
Yearly Average 3,687 MZN
Yearly Trough Low 3,256 MZN
Transaction Impact: A difference of 940.03 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.8292
0.6643
JanuMarcMayJulySeptNove

MKD to MZN 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 0.7054, compared to 0.7692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0638 points.

H1 Avg (Jan–Jun) 0.7054
H2 Avg (Jul–Dec) 0.7692

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.0926 MZN (High: 0.8393 / Low: 0.7467). On the other end, October was the most stable month, with a tight range of 0.0220 MZN (High: 0.8265 / Low: 0.8045).

November Spread (Volatile) ±0.0926
October Spread (Stable) ±0.0220

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.0670 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0670

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 0.7972.

2010 Avg (November) 0.7972
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7260 0.6761 0.7024
February 0.7360 0.6513 0.6838
March 0.7592 0.6942 0.7126
April 0.7836 0.7314 0.7566
May 0.7590 0.6752 0.6991
June 0.6896 0.6549 0.6780
July 0.7453 0.6829 0.7204
August 0.8107 0.7431 0.7790
September 0.8041 0.7491 0.7730
October 0.8265 0.8045 0.8155
November 0.8393 0.7467 0.7972
December 0.7840 0.6957 0.7302