YEARLY HIGH
0.0326 TND
YEARLY LOW
0.0308 TND
YEARLY AVERAGE
0.0319 TND

2011 MKD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.0326. Conversely, the yearly low was recorded on January 2, dropping to 0.0308.

This high-to-low spread represents a total annual volatility of 0.0018 TND. From a start-to-finish perspective, comparing the January average rate of 0.0313 to the December average rate of 0.0318, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0326 was up 2.18% compared to the 2010 peak of 0.0319, 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 163 TND
2010 Average 155 TND
Yearly Trough Low 154 TND
Transaction Impact: A difference of 8.84 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0324
0.0312
JanuMarcMayJulySeptNove

MKD to TND 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 0.0319, compared to 0.0319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0319
H2 Avg (Jul–Dec) 0.0319

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0010 TND (High: 0.0322 / Low: 0.0312). On the other end, February was the most stable month, with a tight range of 0.0004 TND (High: 0.0317 / Low: 0.0313).

October Spread (Volatile) ±0.0010
February Spread (Stable) ±0.0004

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.0323) against the same month in 2010 (average: 0.0308), the exchange rate shifted by +0.0014 (+4.66%).

2011 Avg (April) 0.0323
2010 Avg (April) 0.0308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0316 0.0308 0.0313
February 0.0317 0.0313 0.0315
March 0.0320 0.0316 0.0318
April 0.0326 0.0319 0.0323
May 0.0326 0.0319 0.0322
June 0.0323 0.0317 0.0321
July 0.0323 0.0318 0.0321
August 0.0323 0.0318 0.0321
September 0.0321 0.0314 0.0318
October 0.0322 0.0312 0.0317
November 0.0322 0.0317 0.0320
December 0.0322 0.0315 0.0318