2010 MKD to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 MKD to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the MKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.1757. Conversely, the yearly low was recorded on December 29, dropping to 0.1428.
This high-to-low spread represents a total annual volatility of 0.0329 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1735 to the December average rate of 0.1469, the exchange rate registered a net change of -15.36% (reflecting a weakening trend).
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
MKD to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1630, compared to 0.1534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was March, with a trading range of 0.0087 ZAR (High: 0.1689 / Low: 0.1602). On the other end, June was the most stable month, with a tight range of 0.0021 ZAR (High: 0.1529 / Low: 0.1508).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0084 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.1735.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1757 | 0.1713 | 0.1735 |
| February | 0.1730 | 0.1686 | 0.1709 |
| March | 0.1689 | 0.1602 | 0.1638 |
| April | 0.1636 | 0.1579 | 0.1606 |
| May | 0.1603 | 0.1523 | 0.1566 |
| June | 0.1529 | 0.1508 | 0.1522 |
| July | 0.1614 | 0.1540 | 0.1569 |
| August | 0.1569 | 0.1514 | 0.1533 |
| September | 0.1552 | 0.1487 | 0.1516 |
| October | 0.1587 | 0.1551 | 0.1566 |
| November | 0.1588 | 0.1507 | 0.1553 |
| December | 0.1499 | 0.1428 | 0.1469 |