YEARLY HIGH
1.8475 CVE
YEARLY LOW
1.7135 CVE
YEARLY AVERAGE
1.7943 CVE

2012 MKD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 1.8475. Conversely, the yearly low was recorded on September 17, dropping to 1.7135.

This high-to-low spread represents a total annual volatility of 0.1340 CVE. From a start-to-finish perspective, comparing the January average rate of 1.7962 to the December average rate of 1.7843, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.8475 was up 2.08% compared to the 2011 peak of 1.8099, 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 9,238 CVE
2011 Average 8,984 CVE
Yearly Trough Low 8,568 CVE
Transaction Impact: A difference of 669.94 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.8165
1.7638
JanuMarcMayJulySeptNove

MKD to CVE 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 1.7965, compared to 1.7921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 1.7965
H2 Avg (Jul–Dec) 1.7921

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0869 CVE (High: 1.8004 / Low: 1.7135). On the other end, March was the most stable month, with a tight range of 0.0125 CVE (High: 1.8018 / Low: 1.7893).

September Spread (Volatile) ±0.0869
March Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between February and May, 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 0.0266 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 1.8121) against the same month in 2011 (average: 1.7968), the exchange rate shifted by +0.0153 (+0.85%).

2012 Avg (July) 1.8121
2011 Avg (July) 1.7968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8100 1.7834 1.7962
February 1.8104 1.7851 1.7960
March 1.8018 1.7893 1.7962
April 1.8006 1.7839 1.7968
May 1.8120 1.7742 1.7971
June 1.8081 1.7817 1.7970
July 1.8475 1.7808 1.8121
August 1.8160 1.7657 1.7948
September 1.8004 1.7135 1.7682
October 1.8022 1.7654 1.7903
November 1.8190 1.7846 1.8028
December 1.8108 1.7660 1.7843