YEARLY HIGH
7.0493 MKD
YEARLY LOW
6.5724 MKD
YEARLY AVERAGE
6.8004 MKD

2011 SEK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SEK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 7.0493. Conversely, the yearly low was recorded on August 10, dropping to 6.5724.

This high-to-low spread represents a total annual volatility of 0.4769 MKD. From a start-to-finish perspective, comparing the January average rate of 6.8807 to the December average rate of 6.8079, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 7.0493 was up 2.90% compared to the 2010 peak of 6.8506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,246 MKD
2010 Average 32,188 MKD
Yearly Trough Low 32,862 MKD
Transaction Impact: A difference of 2,384.35 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

7.0139
6.6590
JanuMarcMayJulySeptNove

SEK 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 6.8677, compared to 6.7331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1346 points.

H1 Avg (Jan–Jun) 6.8677
H2 Avg (Jul–Dec) 6.7331

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.2776 MKD (High: 6.8893 / Low: 6.6117). On the other end, January was the most stable month, with a tight range of 0.1420 MKD (High: 6.9665 / Low: 6.8245).

November Spread (Volatile) ±0.2776
January Spread (Stable) ±0.1420

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.1001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 6.9843) against the same month in 2010 (average: 6.1801), the exchange rate shifted by +0.8042 (+13.01%).

2011 Avg (February) 6.9843
2010 Avg (February) 6.1801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9665 6.8245 6.8807
February 7.0493 6.9036 6.9843
March 7.0346 6.8160 6.9088
April 6.9075 6.7446 6.8541
May 6.9045 6.7214 6.8391
June 6.8820 6.6590 6.7390
July 6.8119 6.6326 6.7316
August 6.8049 6.5724 6.6886
September 6.8601 6.5871 6.7175
October 6.8395 6.6189 6.7339
November 6.8893 6.6117 6.7192
December 6.9069 6.7107 6.8079