YEARLY HIGH
30.2718 MKD
YEARLY LOW
23.8121 MKD
YEARLY AVERAGE
26.3865 MKD

2011 TRY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TRY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 30.2718. Conversely, the yearly low was recorded on August 22, dropping to 23.8121.

This high-to-low spread represents a total annual volatility of 6.4597 MKD. From a start-to-finish perspective, comparing the January average rate of 29.3179 to the December average rate of 24.9174, the exchange rate registered a net change of -15.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 30.2718 was down 5.93% compared to the 2010 peak of 32.1784, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,513,588 MKD
2010 Average 1,537,080 MKD
Yearly Trough Low 1,190,603 MKD
Transaction Impact: A difference of 322,985.28 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

29.8108
23.8967
JanuMarcMayJulySeptNove

TRY 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 27.8483, compared to 24.9247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9235 points.

H1 Avg (Jan–Jun) 27.8483
H2 Avg (Jul–Dec) 24.9247

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 2.3532 MKD (High: 30.2718 / Low: 27.9186). On the other end, December was the most stable month, with a tight range of 0.4101 MKD (High: 25.1652 / Low: 24.7551).

January Spread (Volatile) ±2.3532
December Spread (Stable) ±0.4101

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.5723 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.5723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 29.3179) against the same month in 2010 (average: 29.1365), the exchange rate shifted by +0.1814 (+0.62%).

2011 Avg (January) 29.3179
2010 Avg (January) 29.1365

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.2718 27.9186 29.3179
February 28.6942 27.7272 28.2912
March 28.1155 27.3165 27.7677
April 28.3897 27.1767 27.9280
May 27.6052 26.7281 27.1380
June 27.1194 26.0411 26.6466
July 26.5719 24.8128 25.9618
August 25.4191 23.8121 24.3895
September 25.3135 24.3242 24.8083
October 24.9768 23.8648 24.4720
November 25.3420 24.4116 24.9993
December 25.1652 24.7551 24.9174