YEARLY HIGH
0.0243 USD
YEARLY LOW
0.0210 USD
YEARLY AVERAGE
0.0227 USD

2011 MKD to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0243. Conversely, the yearly low was recorded on December 29, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0033 USD. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0215, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0243 was up 2.19% compared to the 2010 peak of 0.0237, 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 121 USD
2010 Average 108 USD
Yearly Trough Low 105 USD
Transaction Impact: A difference of 16.29 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0238
0.0213
JanuMarcMayJulySeptNove

MKD to USD 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 0.0229, compared to 0.0225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0229
H2 Avg (Jul–Dec) 0.0225

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0016 USD (High: 0.0231 / Low: 0.0215). On the other end, August was the most stable month, with a tight range of 0.0006 USD (High: 0.0236 / Low: 0.0230).

October Spread (Volatile) ±0.0016
August Spread (Stable) ±0.0006

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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0234) against the same month in 2010 (average: 0.0205), the exchange rate shifted by +0.0029 (+13.91%).

2011 Avg (May) 0.0234
2010 Avg (May) 0.0205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0224 0.0210 0.0218
February 0.0225 0.0219 0.0222
March 0.0232 0.0224 0.0228
April 0.0242 0.0230 0.0236
May 0.0243 0.0228 0.0234
June 0.0239 0.0230 0.0234
July 0.0236 0.0228 0.0233
August 0.0236 0.0230 0.0234
September 0.0233 0.0219 0.0225
October 0.0231 0.0215 0.0224
November 0.0225 0.0216 0.0221
December 0.0220 0.0210 0.0215