YEARLY HIGH
2.7440 ISK
YEARLY LOW
2.3755 ISK
YEARLY AVERAGE
2.6127 ISK

2012 MKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 2.7440. Conversely, the yearly low was recorded on August 23, dropping to 2.3755.

This high-to-low spread represents a total annual volatility of 0.3685 ISK. From a start-to-finish perspective, comparing the January average rate of 2.5960 to the December average rate of 2.6837, the exchange rate registered a net change of 3.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.7440 was up 0.95% compared to the 2011 peak of 2.7183, 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 13,720 ISK
2011 Average 13,151 ISK
Yearly Trough Low 11,878 ISK
Transaction Impact: A difference of 1,842.30 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.7452
2.3817
JanuMarcMayJulySeptNove

MKD to ISK 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 2.6539, compared to 2.5715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0824 points.

H1 Avg (Jan–Jun) 2.6539
H2 Avg (Jul–Dec) 2.5715

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.2125 ISK (High: 2.6264 / Low: 2.4140). On the other end, April was the most stable month, with a tight range of 0.0398 ISK (High: 2.7440 / Low: 2.7042).

July Spread (Volatile) ±0.2125
April Spread (Stable) ±0.0398

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1208 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2012: 2.7124) against the same month in 2011 (average: 2.6279), the exchange rate shifted by +0.0845 (+3.22%).

2012 Avg (March) 2.7124
2011 Avg (March) 2.6279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6341 2.5707 2.5960
February 2.7389 2.6209 2.6510
March 2.7440 2.6821 2.7124
April 2.7440 2.7042 2.7149
May 2.7097 2.6328 2.6490
June 2.6495 2.5610 2.6001
July 2.6264 2.4140 2.5328
August 2.4970 2.3755 2.4120
September 2.6238 2.4549 2.5301
October 2.6832 2.5547 2.6085
November 2.6957 2.6331 2.6622
December 2.7302 2.6403 2.6837