YEARLY HIGH
1.0876 PHP
YEARLY LOW
0.9078 PHP
YEARLY AVERAGE
0.9744 PHP

2010 MKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1.0876. Conversely, the yearly low was recorded on June 8, dropping to 0.9078.

This high-to-low spread represents a total annual volatility of 0.1798 PHP. From a start-to-finish perspective, comparing the January average rate of 1.0707 to the December average rate of 0.9462, the exchange rate registered a net change of -11.63% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 5,438 PHP
Yearly Average 4,872 PHP
Yearly Trough Low 4,539 PHP
Transaction Impact: A difference of 899.24 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.0856
0.9072
JanuMarcMayJulySeptNove

MKD to PHP 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 0.9908, compared to 0.9581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0327 points.

H1 Avg (Jan–Jun) 0.9908
H2 Avg (Jul–Dec) 0.9581

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0631 PHP (High: 0.9757 / Low: 0.9127). On the other end, October was the most stable month, with a tight range of 0.0218 PHP (High: 0.9938 / Low: 0.9720).

September Spread (Volatile) ±0.0631
October Spread (Stable) ±0.0218

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0408 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0408

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 1.0707.

2010 Avg (January) 1.0707
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0876 1.0552 1.0707
February 1.0566 1.0170 1.0299
March 1.0267 0.9895 1.0099
April 0.9905 0.9605 0.9756
May 0.9647 0.9096 0.9364
June 0.9326 0.9078 0.9221
July 0.9830 0.9288 0.9626
August 0.9728 0.9308 0.9484
September 0.9757 0.9127 0.9398
October 0.9938 0.9720 0.9819
November 0.9821 0.9344 0.9697
December 0.9579 0.9319 0.9462