YEARLY HIGH
0.7284 THB
YEARLY LOW
0.6415 THB
YEARLY AVERAGE
0.6912 THB

2011 MKD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.7284. Conversely, the yearly low was recorded on January 7, dropping to 0.6415.

This high-to-low spread represents a total annual volatility of 0.0869 THB. From a start-to-finish perspective, comparing the January average rate of 0.6655 to the December average rate of 0.6694, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7284 was down 7.07% compared to the 2010 peak of 0.7838, 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 3,642 THB
2010 Average 3,428 THB
Yearly Trough Low 3,207 THB
Transaction Impact: A difference of 434.70 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7201
0.6605
JanuMarcMayJulySeptNove

MKD to THB 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 0.6952, compared to 0.6872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.6952
H2 Avg (Jul–Dec) 0.6872

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0522 THB (High: 0.6936 / Low: 0.6415). On the other end, December was the most stable month, with a tight range of 0.0146 THB (High: 0.6778 / Low: 0.6632).

January Spread (Volatile) ±0.0522
December Spread (Stable) ±0.0146

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 0.0149 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.7078) against the same month in 2010 (average: 0.6655), the exchange rate shifted by +0.0423 (+6.36%).

2011 Avg (May) 0.7078
2010 Avg (May) 0.6655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6936 0.6415 0.6655
February 0.6940 0.6736 0.6827
March 0.7004 0.6828 0.6922
April 0.7237 0.6971 0.7079
May 0.7284 0.6942 0.7078
June 0.7247 0.7023 0.7151
July 0.7268 0.6870 0.7005
August 0.7078 0.6860 0.6977
September 0.6978 0.6707 0.6828
October 0.7041 0.6703 0.6897
November 0.6922 0.6730 0.6832
December 0.6778 0.6632 0.6694