YEARLY HIGH
0.1122 TJS
YEARLY LOW
0.0926 TJS
YEARLY AVERAGE
0.1045 TJS

2011 MKD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.1122. Conversely, the yearly low was recorded on January 10, dropping to 0.0926.

This high-to-low spread represents a total annual volatility of 0.0196 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0959 to the December average rate of 0.1022, the exchange rate registered a net change of 6.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1122 was up 8.16% compared to the 2010 peak of 0.1037, 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 561 TJS
2010 Average 476 TJS
Yearly Trough Low 463 TJS
Transaction Impact: A difference of 98.11 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1120
0.0944
JanuMarcMayJulySeptNove

MKD to TJS 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 0.1024, compared to 0.1067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.1024
H2 Avg (Jul–Dec) 0.1067

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0076 TJS (High: 0.1097 / Low: 0.1020). On the other end, February was the most stable month, with a tight range of 0.0028 TJS (High: 0.0993 / Low: 0.0964).

October Spread (Volatile) ±0.0076
February Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0036 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.1106) against the same month in 2010 (average: 0.0921), the exchange rate shifted by +0.0185 (+20.10%).

2011 Avg (August) 0.1106
2010 Avg (August) 0.0921

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0984 0.0926 0.0959
February 0.0993 0.0964 0.0979
March 0.1034 0.0988 0.1012
April 0.1091 0.1029 0.1053
May 0.1093 0.1031 0.1057
June 0.1099 0.1064 0.1082
July 0.1113 0.1065 0.1091
August 0.1122 0.1088 0.1106
September 0.1106 0.1043 0.1069
October 0.1097 0.1020 0.1062
November 0.1070 0.1026 0.1050
December 0.1046 0.0999 0.1022