YEARLY HIGH
1.7723 BDT
YEARLY LOW
1.4967 BDT
YEARLY AVERAGE
1.6794 BDT

2011 MKD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.7723. Conversely, the yearly low was recorded on January 10, dropping to 1.4967.

This high-to-low spread represents a total annual volatility of 0.2756 BDT. From a start-to-finish perspective, comparing the January average rate of 1.5468 to the December average rate of 1.6826, the exchange rate registered a net change of 8.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.7723 was up 7.45% compared to the 2010 peak of 1.6495, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,862 BDT
2010 Average 7,532 BDT
Yearly Trough Low 7,484 BDT
Transaction Impact: A difference of 1,378.16 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.7588
1.5275
JanuMarcMayJulySeptNove

MKD to BDT 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 1.6562, compared to 1.7026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0464 points.

H1 Avg (Jan–Jun) 1.6562
H2 Avg (Jul–Dec) 1.7026

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1309 BDT (High: 1.7520 / Low: 1.6211). On the other end, August was the most stable month, with a tight range of 0.0346 BDT (High: 1.7600 / Low: 1.7254).

October Spread (Volatile) ±0.1309
August Spread (Stable) ±0.0346

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0631 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0631

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 1.7146) against the same month in 2010 (average: 1.4277), the exchange rate shifted by +0.2869 (+20.10%).

2011 Avg (May) 1.7146
2010 Avg (May) 1.4277

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5815 1.4967 1.5468
February 1.6039 1.5566 1.5820
March 1.6812 1.6080 1.6432
April 1.7659 1.6752 1.7175
May 1.7723 1.6788 1.7146
June 1.7622 1.6954 1.7330
July 1.7644 1.6977 1.7350
August 1.7600 1.7254 1.7395
September 1.7168 1.6452 1.6764
October 1.7520 1.6211 1.6931
November 1.7181 1.6553 1.6890
December 1.7377 1.6406 1.6826