2010 MZN to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 MZN to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the MZN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 1.5355. Conversely, the yearly low was recorded on November 4, dropping to 1.1915.
This high-to-low spread represents a total annual volatility of 0.3440 MKD. From a start-to-finish perspective, comparing the January average rate of 1.4242 to the December average rate of 1.3708, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
MZN to MKD 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 1.4203, compared to 1.3035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1169 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was February, with a trading range of 0.1767 MKD (High: 1.5355 / Low: 1.3588). On the other end, October was the most stable month, with a tight range of 0.0331 MKD (High: 1.2430 / Low: 1.2099).
Growth Streaks & Declines
TrendsBetween April and June, 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 July and August, when the average rate fell by 0.1048 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 1.4647.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.4791 | 1.3773 | 1.4242 |
| February | 1.5355 | 1.3588 | 1.4647 |
| March | 1.4404 | 1.3172 | 1.4040 |
| April | 1.3673 | 1.2762 | 1.3219 |
| May | 1.4809 | 1.3175 | 1.4320 |
| June | 1.5271 | 1.4502 | 1.4751 |
| July | 1.4644 | 1.3417 | 1.3893 |
| August | 1.3458 | 1.2335 | 1.2845 |
| September | 1.3349 | 1.2436 | 1.2942 |
| October | 1.2430 | 1.2099 | 1.2263 |
| November | 1.3393 | 1.1915 | 1.2557 |
| December | 1.4374 | 1.2755 | 1.3708 |