YEARLY HIGH
1.7213 MKD
YEARLY LOW
1.4699 MKD
YEARLY AVERAGE
1.5668 MKD

2011 GMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.7213. Conversely, the yearly low was recorded on October 30, dropping to 1.4699.

This high-to-low spread represents a total annual volatility of 0.2514 MKD. From a start-to-finish perspective, comparing the January average rate of 1.6567 to the December average rate of 1.6092, the exchange rate registered a net change of -2.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.7213 was down 7.12% compared to the 2010 peak of 1.8533, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,607 MKD
2010 Average 8,395 MKD
Yearly Trough Low 7,350 MKD
Transaction Impact: A difference of 1,256.86 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.6694
1.5172
JanuMarcMayJulySeptNove

GMD 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 1.5796, compared to 1.5539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0257 points.

H1 Avg (Jan–Jun) 1.5796
H2 Avg (Jul–Dec) 1.5539

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.1398 MKD (High: 1.6297 / Low: 1.4899). On the other end, September was the most stable month, with a tight range of 0.0735 MKD (High: 1.5675 / Low: 1.4939).

June Spread (Volatile) ±0.1398
September Spread (Stable) ±0.0735

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 January and February, when the average rate fell by 0.0539 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.6567) against the same month in 2010 (average: 1.6389), the exchange rate shifted by +0.0178 (+1.09%).

2011 Avg (January) 1.6567
2010 Avg (January) 1.6389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7213 1.5864 1.6567
February 1.6593 1.5696 1.6028
March 1.6350 1.5527 1.5862
April 1.6199 1.4920 1.5418
May 1.5915 1.4764 1.5428
June 1.6297 1.4899 1.5472
July 1.6146 1.5132 1.5517
August 1.5861 1.4708 1.5394
September 1.5675 1.4939 1.5299
October 1.5901 1.4699 1.5413
November 1.6103 1.4975 1.5520
December 1.6653 1.5390 1.6092