2010 NOK to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 NOK to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the NOK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 7.9450. Conversely, the yearly low was recorded on January 3, dropping to 7.3808.
This high-to-low spread represents a total annual volatility of 0.5642 MKD. From a start-to-finish perspective, comparing the January average rate of 7.4849 to the December average rate of 7.7654, the exchange rate registered a net change of 3.75% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
NOK 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 7.6608, compared to 7.6708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 0.3731 MKD (High: 7.9450 / Low: 7.5719). On the other end, March was the most stable month, with a tight range of 0.1075 MKD (High: 7.6905 / Low: 7.5830).
Growth Streaks & Declines
TrendsBetween 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 0.1901 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 7.7602.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.5349 | 7.3808 | 7.4849 |
| February | 7.6514 | 7.4655 | 7.5816 |
| March | 7.6905 | 7.5830 | 7.6384 |
| April | 7.8310 | 7.6617 | 7.7334 |
| May | 7.9450 | 7.5719 | 7.7602 |
| June | 7.8385 | 7.6957 | 7.7663 |
| July | 7.7607 | 7.5274 | 7.6596 |
| August | 7.8387 | 7.6685 | 7.7398 |
| September | 7.8513 | 7.6675 | 7.7604 |
| October | 7.6556 | 7.5009 | 7.5703 |
| November | 7.6028 | 7.4622 | 7.5292 |
| December | 7.8727 | 7.6174 | 7.7654 |