YEARLY HIGH
0.0828 ILS
YEARLY LOW
0.0786 ILS
YEARLY AVERAGE
0.0804 ILS

2012 MKD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.0828. Conversely, the yearly low was recorded on June 10, dropping to 0.0786.

This high-to-low spread represents a total annual volatility of 0.0043 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0800 to the December average rate of 0.0800, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0828 was down 2.37% compared to the 2011 peak of 0.0849, 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 414 ILS
2011 Average 405 ILS
Yearly Trough Low 393 ILS
Transaction Impact: A difference of 21.31 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0818
0.0791
JanuMarcMayJulySeptNove

MKD to ILS 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 0.0801, compared to 0.0808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0801
H2 Avg (Jul–Dec) 0.0808

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0035 ILS (High: 0.0825 / Low: 0.0790). On the other end, April was the most stable month, with a tight range of 0.0013 ILS (High: 0.0808 / Low: 0.0796).

September Spread (Volatile) ±0.0035
April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between June and September, 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 November and December, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 0.0816) against the same month in 2011 (average: 0.0823), the exchange rate shifted by -0.0007 (-0.80%).

2012 Avg (November) 0.0816
2011 Avg (November) 0.0823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0812 0.0791 0.0800
February 0.0822 0.0790 0.0803
March 0.0817 0.0803 0.0808
April 0.0808 0.0796 0.0803
May 0.0812 0.0787 0.0798
June 0.0801 0.0786 0.0793
July 0.0820 0.0790 0.0802
August 0.0823 0.0792 0.0805
September 0.0825 0.0790 0.0813
October 0.0819 0.0802 0.0810
November 0.0828 0.0805 0.0816
December 0.0811 0.0789 0.0800