YEARLY HIGH
0.0883 QAR
YEARLY LOW
0.0764 QAR
YEARLY AVERAGE
0.0826 QAR

2011 MKD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0883. Conversely, the yearly low was recorded on December 29, dropping to 0.0764.

This high-to-low spread represents a total annual volatility of 0.0118 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0793 to the December average rate of 0.0782, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0883 was up 2.19% compared to the 2010 peak of 0.0864, 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 441 QAR
2010 Average 393 QAR
Yearly Trough Low 382 QAR
Transaction Impact: A difference of 59.23 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0865
0.0774
JanuMarcMayJulySeptNove

MKD to QAR 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 0.0832, compared to 0.0819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0832
H2 Avg (Jul–Dec) 0.0819

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0058 QAR (High: 0.0840 / Low: 0.0782). On the other end, August was the most stable month, with a tight range of 0.0020 QAR (High: 0.0859 / Low: 0.0839).

October Spread (Volatile) ±0.0058
August Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0852) against the same month in 2010 (average: 0.0748), the exchange rate shifted by +0.0104 (+13.91%).

2011 Avg (May) 0.0852
2010 Avg (May) 0.0748

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0814 0.0765 0.0793
February 0.0821 0.0797 0.0809
March 0.0843 0.0817 0.0830
April 0.0881 0.0839 0.0857
May 0.0883 0.0832 0.0852
June 0.0869 0.0836 0.0853
July 0.0860 0.0829 0.0847
August 0.0859 0.0839 0.0850
September 0.0847 0.0797 0.0818
October 0.0840 0.0782 0.0814
November 0.0819 0.0785 0.0803
December 0.0801 0.0764 0.0782