YEARLY HIGH
0.7567 MZN
YEARLY LOW
0.5594 MZN
YEARLY AVERAGE
0.6546 MZN

2011 MKD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.7567. Conversely, the yearly low was recorded on December 29, dropping to 0.5594.

This high-to-low spread represents a total annual volatility of 0.1973 MZN. From a start-to-finish perspective, comparing the January average rate of 0.7070 to the December average rate of 0.5725, the exchange rate registered a net change of -19.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7567 was down 9.83% compared to the 2010 peak of 0.8393, 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 3,784 MZN
2010 Average 3,688 MZN
Yearly Trough Low 2,797 MZN
Transaction Impact: A difference of 986.74 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7456
0.5568
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 0.7045, compared to 0.6047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0998 points.

H1 Avg (Jan–Jun) 0.7045
H2 Avg (Jul–Dec) 0.6047

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0853 MZN (High: 0.7567 / Low: 0.6714). On the other end, December was the most stable month, with a tight range of 0.0273 MZN (High: 0.5867 / Low: 0.5594).

May Spread (Volatile) ±0.0853
December Spread (Stable) ±0.0273

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 June and July, when the average rate fell by 0.0309 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.7299) against the same month in 2010 (average: 0.7566), the exchange rate shifted by -0.0267 (-3.53%).

2011 Avg (April) 0.7299
2010 Avg (April) 0.7566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7260 0.6792 0.7070
February 0.7254 0.6866 0.7016
March 0.7186 0.6901 0.7063
April 0.7567 0.7064 0.7299
May 0.7567 0.6714 0.7034
June 0.7008 0.6587 0.6789
July 0.6711 0.6292 0.6480
August 0.6402 0.6109 0.6249
September 0.6255 0.5854 0.6019
October 0.6134 0.5734 0.5940
November 0.6007 0.5671 0.5869
December 0.5867 0.5594 0.5725