YEARLY HIGH
40.9864 MKD
YEARLY LOW
36.4063 MKD
YEARLY AVERAGE
38.8121 MKD

2012 NZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 40.9864. Conversely, the yearly low was recorded on May 23, dropping to 36.4063.

This high-to-low spread represents a total annual volatility of 4.5801 MKD. From a start-to-finish perspective, comparing the January average rate of 38.0887 to the December average rate of 39.1860, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 40.9864 was up 8.89% compared to the 2011 peak of 37.6389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 204,932 MKD
2011 Average 174,600 MKD
Yearly Trough Low 182,032 MKD
Transaction Impact: A difference of 22,900.37 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

40.7140
36.7608
JanuMarcMayJulySeptNove

NZD 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 38.0978, compared to 39.5265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4287 points.

H1 Avg (Jan–Jun) 38.0978
H2 Avg (Jul–Dec) 39.5265

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 2.1414 MKD (High: 39.2466 / Low: 37.1052). On the other end, November was the most stable month, with a tight range of 0.8371 MKD (High: 39.6240 / Low: 38.7869).

June Spread (Volatile) ±2.1414
November Spread (Stable) ±0.8371

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.1165 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 40.3846) against the same month in 2011 (average: 35.8294), the exchange rate shifted by +4.5552 (+12.71%).

2012 Avg (August) 40.3846
2011 Avg (August) 35.8294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.6658 36.8459 38.0887
February 39.2550 38.3195 38.7958
March 38.6734 37.6505 38.1932
April 38.6393 37.7382 38.2067
May 37.9025 36.4063 37.0903
June 39.2466 37.1052 38.2118
July 40.6751 38.9936 39.7453
August 40.9864 39.1842 40.3846
September 40.8807 38.9352 39.7378
October 39.7239 38.3296 38.9694
November 39.6240 38.7869 39.1359
December 39.8975 38.6120 39.1860