2010 PHP to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 PHP to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the PHP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 1.1016. Conversely, the yearly low was recorded on January 13, dropping to 0.9194.
This high-to-low spread represents a total annual volatility of 0.1822 MKD. From a start-to-finish perspective, comparing the January average rate of 0.9340 to the December average rate of 1.0569, the exchange rate registered a net change of 13.15% (reflecting a strengthening trend).
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
PHP 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 1.0122, compared to 1.0441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0319 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was September, with a trading range of 0.0708 MKD (High: 1.0957 / Low: 1.0249). On the other end, October was the most stable month, with a tight range of 0.0226 MKD (High: 1.0288 / Low: 1.0062).
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 0.0459 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 1.0845.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.9477 | 0.9194 | 0.9340 |
| February | 0.9833 | 0.9465 | 0.9711 |
| March | 1.0106 | 0.9740 | 0.9903 |
| April | 1.0411 | 1.0096 | 1.0251 |
| May | 1.0993 | 1.0366 | 1.0682 |
| June | 1.1016 | 1.0723 | 1.0845 |
| July | 1.0767 | 1.0172 | 1.0390 |
| August | 1.0743 | 1.0279 | 1.0546 |
| September | 1.0957 | 1.0249 | 1.0644 |
| October | 1.0288 | 1.0062 | 1.0185 |
| November | 1.0703 | 1.0182 | 1.0314 |
| December | 1.0730 | 1.0440 | 1.0569 |