YEARLY HIGH
0.3399 MKD
YEARLY LOW
0.2788 MKD
YEARLY AVERAGE
0.3067 MKD

2010 NGN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.3399. Conversely, the yearly low was recorded on January 13, dropping to 0.2788.

This high-to-low spread represents a total annual volatility of 0.0611 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2860 to the December average rate of 0.3042, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 339,896 MKD
Yearly Average 306,739 MKD
Yearly Trough Low 278,836 MKD
Transaction Impact: A difference of 61,059.44 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.3372
0.2813
JanuMarcMayJulySeptNove

NGN 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 0.3071, compared to 0.3064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.3071
H2 Avg (Jul–Dec) 0.3064

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0285 MKD (High: 0.3191 / Low: 0.2906). On the other end, April was the most stable month, with a tight range of 0.0072 MKD (High: 0.3069 / Low: 0.2997).

September Spread (Volatile) ±0.0285
April Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0184 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0184

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.3326.

2010 Avg (June) 0.3326
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2911 0.2788 0.2860
February 0.3010 0.2901 0.2972
March 0.3074 0.2968 0.3014
April 0.3069 0.2997 0.3040
May 0.3320 0.3044 0.3215
June 0.3399 0.3269 0.3326
July 0.3331 0.3128 0.3202
August 0.3214 0.3080 0.3161
September 0.3191 0.2906 0.3088
October 0.2948 0.2859 0.2904
November 0.3129 0.2864 0.2983
December 0.3100 0.2991 0.3042