2011 BND to MKD Historical Review

YEARLY HIGH

36.7090 MKD

YEARLY LOW

33.5278 MKD

YEARLY AVERAGE

35.1097 MKD

2011 BND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 36.7090. Conversely, the yearly low was recorded on May 5, dropping to 33.5278.

This high-to-low spread represents a total annual volatility of 3.1812 MKD. From a start-to-finish perspective, comparing the January average rate of 35.6676 to the December average rate of 35.9679, the exchange rate registered a net change of 0.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 36.7090 was up 0.82% compared to the 2010 peak of 36.4115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,545 MKD

2010 Average 170,049 MKD

Yearly Trough Low 167,639 MKD

Transaction Impact: A difference of 15,906.15 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

36.1603

33.8519

JanuMarcMayJulySeptNove

BND 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 34.7676, compared to 35.4519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6844 points.

H1 Avg (Jan–Jun) 34.7676

H2 Avg (Jul–Dec) 35.4519

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.8655 MKD (High: 36.7090 / Low: 34.8436). On the other end, February was the most stable month, with a tight range of 0.7315 MKD (High: 35.5976 / Low: 34.8661).

January Spread (Volatile) ±1.8655

February Spread (Stable) ±0.7315

Growth Streaks & Declines

Trends

Between April and September, 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 0.7625 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.7625

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 35.6676) against the same month in 2010 (average: 30.7911), the exchange rate shifted by +4.8765 (+15.84%).

2011 Avg (January) 35.6676

2010 Avg (January) 30.7911

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.7090	34.8436	35.6676
February	35.5976	34.8661	35.2330
March	35.0322	34.0763	34.5653
April	34.4710	33.7129	34.0443
May	35.0943	33.5278	34.5407
June	35.1510	34.0628	34.5544
July	35.9054	34.4516	35.3257
August	36.0049	35.1092	35.3992
September	36.4260	35.3328	35.8310
October	36.1585	34.4376	35.0685
November	35.8411	34.8366	35.1192
December	36.6518	35.4048	35.9679

2011 BND నుండి MKD చారిత్రక సమీక్ష