YEARLY HIGH
26.0889 MKD
YEARLY LOW
23.3939 MKD
YEARLY AVERAGE
24.5225 MKD

2011 FJD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FJD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 26.0889. Conversely, the yearly low was recorded on April 13, dropping to 23.3939.

This high-to-low spread represents a total annual volatility of 2.6950 MKD. From a start-to-finish perspective, comparing the January average rate of 24.9516 to the December average rate of 25.4517, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 26.0889 was up 2.53% compared to the 2010 peak of 25.4459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 130,444 MKD
2010 Average 120,189 MKD
Yearly Trough Low 116,970 MKD
Transaction Impact: A difference of 13,474.88 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

25.6141
23.6657
JanuMarcMayJulySeptNove

FJD 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 24.2316, compared to 24.8134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5818 points.

H1 Avg (Jan–Jun) 24.2316
H2 Avg (Jul–Dec) 24.8134

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.7088 MKD (High: 25.9885 / Low: 24.2797). On the other end, March was the most stable month, with a tight range of 0.7526 MKD (High: 24.2153 / Low: 23.4627).

January Spread (Volatile) ±1.7088
March Spread (Stable) ±0.7526

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5594 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 25.4517) against the same month in 2010 (average: 24.9549), the exchange rate shifted by +0.4969 (+1.99%).

2011 Avg (December) 25.4517
2010 Avg (December) 24.9549

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.9885 24.2797 24.9516
February 24.9019 23.9492 24.4435
March 24.2153 23.4627 23.8841
April 24.1749 23.3939 23.8281
May 24.6036 23.4701 24.1119
June 24.6647 23.6817 24.1705
July 25.6622 24.2489 24.6807
August 25.2484 24.0273 24.4718
September 25.4129 24.3898 24.8618
October 25.3618 23.8338 24.4777
November 25.5366 24.7316 24.9365
December 26.0889 24.9019 25.4517