YEARLY HIGH
0.1522 SEK
YEARLY LOW
0.1419 SEK
YEARLY AVERAGE
0.1471 SEK

2011 MKD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.1522. Conversely, the yearly low was recorded on February 16, dropping to 0.1419.

This high-to-low spread represents a total annual volatility of 0.0103 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1453 to the December average rate of 0.1469, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1522 was down 9.21% compared to the 2010 peak of 0.1676, 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 761 SEK
2010 Average 778 SEK
Yearly Trough Low 709 SEK
Transaction Impact: A difference of 51.46 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1502
0.1425
JanuMarcMayJulySeptNove

MKD to SEK 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 0.1456, compared to 0.1485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1456
H2 Avg (Jul–Dec) 0.1485

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0061 SEK (High: 0.1512 / Low: 0.1452). On the other end, January was the most stable month, with a tight range of 0.0030 SEK (High: 0.1465 / Low: 0.1435).

November Spread (Volatile) ±0.0061
January Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0022 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.1495) against the same month in 2010 (average: 0.1535), the exchange rate shifted by -0.0040 (-2.60%).

2011 Avg (August) 0.1495
2010 Avg (August) 0.1535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1465 0.1435 0.1453
February 0.1449 0.1419 0.1432
March 0.1467 0.1422 0.1448
April 0.1483 0.1448 0.1459
May 0.1488 0.1448 0.1462
June 0.1502 0.1453 0.1484
July 0.1508 0.1468 0.1486
August 0.1522 0.1470 0.1495
September 0.1518 0.1458 0.1489
October 0.1511 0.1462 0.1485
November 0.1512 0.1452 0.1488
December 0.1490 0.1448 0.1469