YEARLY HIGH
0.6414 MKD
YEARLY LOW
0.5766 MKD
YEARLY AVERAGE
0.6042 MKD

2011 DZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.6414. Conversely, the yearly low was recorded on May 4, dropping to 0.5766.

This high-to-low spread represents a total annual volatility of 0.0648 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6252 to the December average rate of 0.6217, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6414 was down 6.19% compared to the 2010 peak of 0.6837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,207 MKD
2010 Average 3,145 MKD
Yearly Trough Low 2,883 MKD
Transaction Impact: A difference of 323.82 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6287
0.5864
JanuMarcMayJulySeptNove

DZD 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 0.6044, compared to 0.6039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.6044
H2 Avg (Jul–Dec) 0.6039

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0282 MKD (High: 0.6187 / Low: 0.5905). On the other end, August was the most stable month, with a tight range of 0.0098 MKD (High: 0.5951 / Low: 0.5853).

October Spread (Volatile) ±0.0282
August Spread (Stable) ±0.0098

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 0.0154 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.6252) against the same month in 2010 (average: 0.5986), the exchange rate shifted by +0.0266 (+4.44%).

2011 Avg (January) 0.6252
2010 Avg (January) 0.5986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6414 0.6162 0.6252
February 0.6241 0.6108 0.6175
March 0.6158 0.5986 0.6066
April 0.6025 0.5802 0.5912
May 0.6042 0.5766 0.5936
June 0.6043 0.5830 0.5927
July 0.6004 0.5843 0.5919
August 0.5951 0.5853 0.5899
September 0.6127 0.5899 0.6036
October 0.6187 0.5905 0.6056
November 0.6212 0.6004 0.6106
December 0.6326 0.6046 0.6217