2011 BGN to MKD Historical Review

YEARLY HIGH

31.7002 MKD

YEARLY LOW

31.1672 MKD

YEARLY AVERAGE

31.3757 MKD

2011 BGN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 31.7002. Conversely, the yearly low was recorded on December 14, dropping to 31.1672.

This high-to-low spread represents a total annual volatility of 0.5331 MKD. From a start-to-finish perspective, comparing the January average rate of 31.3753 to the December average rate of 31.3683, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 31.7002 was up 0.80% compared to the 2010 peak of 31.4481, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,501 MKD

2010 Average 156,877 MKD

Yearly Trough Low 155,836 MKD

Transaction Impact: A difference of 2,665.45 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

31.3860

31.3667

JanuMarcMayJulySeptNove

BGN 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 31.3757, compared to 31.3757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 31.3757

H2 Avg (Jul–Dec) 31.3757

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.5026 MKD (High: 31.7002 / Low: 31.1976). On the other end, October was the most stable month, with a tight range of 0.0003 MKD (High: 31.3754 / Low: 31.3751).

November Spread (Volatile) ±0.5026

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0161 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 31.3844) against the same month in 2010 (average: 31.3753), the exchange rate shifted by +0.0091 (+0.03%).

2011 Avg (November) 31.3844

2010 Avg (November) 31.3753

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.3754	31.3751	31.3753
February	31.3754	31.3751	31.3753
March	31.4463	31.3751	31.3776
April	31.3754	31.3751	31.3753
May	31.3754	31.3751	31.3753
June	31.3754	31.3751	31.3753
July	31.3754	31.3751	31.3753
August	31.3754	31.3751	31.3753
September	31.3754	31.3751	31.3753
October	31.3754	31.3751	31.3753
November	31.7002	31.1976	31.3844
December	31.5039	31.1672	31.3683

2011 BGN నుండి MKD చారిత్రక సమీక్ష