YEARLY HIGH
1.8699 NPR
YEARLY LOW
1.6596 NPR
YEARLY AVERAGE
1.7814 NPR

2012 MKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 1.8699. Conversely, the yearly low was recorded on February 6, dropping to 1.6596.

This high-to-low spread represents a total annual volatility of 0.2102 NPR. From a start-to-finish perspective, comparing the January average rate of 1.7235 to the December average rate of 1.8523, the exchange rate registered a net change of 7.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.8699 was up 1.83% compared to the 2011 peak of 1.8362, 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 9,349 NPR
2011 Average 8,388 NPR
Yearly Trough Low 8,298 NPR
Transaction Impact: A difference of 1,051.22 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.8679
1.6804
JanuMarcMayJulySeptNove

MKD to NPR 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 1.7583, compared to 1.8044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0462 points.

H1 Avg (Jan–Jun) 1.7583
H2 Avg (Jul–Dec) 1.8044

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.1211 NPR (High: 1.8046 / Low: 1.6835). On the other end, December was the most stable month, with a tight range of 0.0287 NPR (High: 1.8676 / Low: 1.8390).

January Spread (Volatile) ±0.1211
December Spread (Stable) ±0.0287

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.0448 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 1.8354) against the same month in 2011 (average: 1.7628), the exchange rate shifted by +0.0726 (+4.12%).

2012 Avg (November) 1.8354
2011 Avg (November) 1.7628

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8046 1.6835 1.7235
February 1.7498 1.6596 1.6960
March 1.7718 1.6913 1.7285
April 1.8119 1.7370 1.7700
May 1.8349 1.7859 1.8087
June 1.8595 1.7940 1.8229
July 1.8177 1.7502 1.7781
August 1.8150 1.7657 1.7823
September 1.8286 1.7665 1.7960
October 1.8240 1.7301 1.7826
November 1.8699 1.8044 1.8354
December 1.8676 1.8390 1.8523