YEARLY HIGH
15.4439 MKD
YEARLY LOW
13.8059 MKD
YEARLY AVERAGE
14.4314 MKD

2011 MYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 15.4439. Conversely, the yearly low was recorded on May 5, dropping to 13.8059.

This high-to-low spread represents a total annual volatility of 1.6379 MKD. From a start-to-finish perspective, comparing the January average rate of 15.0021 to the December average rate of 14.7504, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 15.4439 was down 0.91% compared to the 2010 peak of 15.5852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 308,877 MKD
2010 Average 288,325 MKD
Yearly Trough Low 276,118 MKD
Transaction Impact: A difference of 32,758.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

15.0932
13.9998
JanuMarcMayJulySeptNove

MYR to MKD 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 14.4342, compared to 14.4286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 14.4342
H2 Avg (Jul–Dec) 14.4286

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.8018 MKD (High: 15.4439 / Low: 14.6421). On the other end, November was the most stable month, with a tight range of 0.3178 MKD (High: 14.5088 / Low: 14.1910).

January Spread (Volatile) ±0.8018
November Spread (Stable) ±0.3178

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.3489 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3489

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 15.0021) against the same month in 2010 (average: 12.7249), the exchange rate shifted by +2.2772 (+17.90%).

2011 Avg (January) 15.0021
2010 Avg (January) 12.7249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.4439 14.6421 15.0021
February 14.9616 14.5503 14.7782
March 14.6733 14.2475 14.4507
April 14.3518 13.9340 14.1018
May 14.3930 13.8059 14.1812
June 14.2928 13.8863 14.0910
July 14.5842 14.0813 14.3667
August 14.6231 14.2053 14.3411
September 14.8235 14.1738 14.4751
October 14.5642 14.0561 14.2718
November 14.5088 14.1910 14.3662
December 14.9908 14.5350 14.7504