YEARLY HIGH
0.6716 MUR
YEARLY LOW
0.6095 MUR
YEARLY AVERAGE
0.6488 MUR

2011 MKD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.6716. Conversely, the yearly low was recorded on December 29, dropping to 0.6095.

This high-to-low spread represents a total annual volatility of 0.0621 MUR. From a start-to-finish perspective, comparing the January average rate of 0.6558 to the December average rate of 0.6263, the exchange rate registered a net change of -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6716 was down 6.36% compared to the 2010 peak of 0.7172, 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 3,358 MUR
2010 Average 3,311 MUR
Yearly Trough Low 3,048 MUR
Transaction Impact: A difference of 310.52 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6600
0.6232
JanuMarcMayJulySeptNove

MKD to MUR 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 0.6545, compared to 0.6431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.6545
H2 Avg (Jul–Dec) 0.6431

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0348 MUR (High: 0.6716 / Low: 0.6368). On the other end, March was the most stable month, with a tight range of 0.0128 MUR (High: 0.6601 / Low: 0.6473).

July Spread (Volatile) ±0.0348
March Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0130 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.6539) against the same month in 2010 (average: 0.6411), the exchange rate shifted by +0.0128 (+2.00%).

2011 Avg (July) 0.6539
2010 Avg (July) 0.6411

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6701 0.6457 0.6558
February 0.6629 0.6450 0.6537
March 0.6601 0.6473 0.6550
April 0.6624 0.6432 0.6536
May 0.6633 0.6392 0.6520
June 0.6678 0.6396 0.6569
July 0.6716 0.6368 0.6539
August 0.6650 0.6444 0.6511
September 0.6494 0.6263 0.6401
October 0.6647 0.6315 0.6479
November 0.6494 0.6251 0.6393
December 0.6420 0.6095 0.6263