YEARLY HIGH
0.0399 TRY
YEARLY LOW
0.0355 TRY
YEARLY AVERAGE
0.0376 TRY

2012 MKD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0399. Conversely, the yearly low was recorded on August 4, dropping to 0.0355.

This high-to-low spread represents a total annual volatility of 0.0044 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0387 to the December average rate of 0.0379, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0399 was down 5.08% compared to the 2011 peak of 0.0420, 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 199 TRY
2011 Average 190 TRY
Yearly Trough Low 177 TRY
Transaction Impact: A difference of 21.81 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0389
0.0358
JanuMarcMayJulySeptNove

MKD to TRY 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 0.0380, compared to 0.0372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0380
H2 Avg (Jul–Dec) 0.0372

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0019 TRY (High: 0.0399 / Low: 0.0380). On the other end, December was the most stable month, with a tight range of 0.0004 TRY (High: 0.0381 / Low: 0.0377).

January Spread (Volatile) ±0.0019
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.0387) against the same month in 2011 (average: 0.0341), the exchange rate shifted by +0.0045 (+13.25%).

2012 Avg (January) 0.0387
2011 Avg (January) 0.0341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0399 0.0380 0.0387
February 0.0386 0.0374 0.0378
March 0.0391 0.0379 0.0385
April 0.0387 0.0379 0.0383
May 0.0381 0.0374 0.0377
June 0.0379 0.0368 0.0372
July 0.0371 0.0358 0.0365
August 0.0373 0.0355 0.0361
September 0.0380 0.0364 0.0371
October 0.0381 0.0374 0.0379
November 0.0377 0.0371 0.0375
December 0.0381 0.0377 0.0379