YEARLY HIGH
47.6350 MKD
YEARLY LOW
41.2340 MKD
YEARLY AVERAGE
44.1367 MKD

2011 BSD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BSD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 47.6350. Conversely, the yearly low was recorded on May 4, dropping to 41.2340.

This high-to-low spread represents a total annual volatility of 6.4010 MKD. From a start-to-finish perspective, comparing the January average rate of 45.9265 to the December average rate of 46.5868, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 47.6350 was down 7.30% compared to the 2010 peak of 51.3854, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 238,175 MKD
2010 Average 231,768 MKD
Yearly Trough Low 206,170 MKD
Transaction Impact: A difference of 32,004.88 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

46.9988
42.0553
JanuMarcMayJulySeptNove

BSD 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 43.7730, compared to 44.5004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7275 points.

H1 Avg (Jan–Jun) 43.7730
H2 Avg (Jul–Dec) 44.5004

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 3.2188 MKD (High: 46.5552 / Low: 43.3364). On the other end, August was the most stable month, with a tight range of 1.0303 MKD (High: 43.3885 / Low: 42.3583).

October Spread (Volatile) ±3.2188
August Spread (Stable) ±1.0303

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.3820 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.3820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 46.5868) against the same month in 2010 (average: 46.4266), the exchange rate shifted by +0.1602 (+0.35%).

2011 Avg (December) 46.5868
2010 Avg (December) 46.4266

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.5582 44.7393 45.9265
February 45.6580 44.3577 44.9738
March 44.5541 43.1809 43.8492
April 43.3947 41.2950 42.4672
May 43.7692 41.2340 42.7506
June 43.5579 41.8812 42.6705
July 43.9101 42.3203 42.9841
August 43.3885 42.3583 42.8200
September 45.6920 42.9572 44.5408
October 46.5552 43.3364 44.7511
November 46.3788 44.4380 45.3196
December 47.6350 45.4796 46.5868