YEARLY HIGH
0.6941 TWD
YEARLY LOW
0.6151 TWD
YEARLY AVERAGE
0.6665 TWD

2011 MKD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.6941. Conversely, the yearly low was recorded on January 10, dropping to 0.6151.

This high-to-low spread represents a total annual volatility of 0.0790 TWD. From a start-to-finish perspective, comparing the January average rate of 0.6341 to the December average rate of 0.6497, the exchange rate registered a net change of 2.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6941 was down 8.01% compared to the 2010 peak of 0.7546, 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 3,471 TWD
2010 Average 3,406 TWD
Yearly Trough Low 3,076 TWD
Transaction Impact: A difference of 394.98 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6877
0.6292
JanuMarcMayJulySeptNove

MKD to TWD 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 0.6650, compared to 0.6679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.6650
H2 Avg (Jul–Dec) 0.6679

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0343 TWD (High: 0.6941 / Low: 0.6598). On the other end, August was the most stable month, with a tight range of 0.0186 TWD (High: 0.6852 / Low: 0.6666).

May Spread (Volatile) ±0.0343
August Spread (Stable) ±0.0186

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 November and December, when the average rate fell by 0.0175 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.6829) against the same month in 2010 (average: 0.6892), the exchange rate shifted by -0.0063 (-0.91%).

2011 Avg (April) 0.6829
2010 Avg (April) 0.6892

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6495 0.6151 0.6341
February 0.6707 0.6404 0.6518
March 0.6846 0.6636 0.6730
April 0.6941 0.6741 0.6829
May 0.6941 0.6598 0.6726
June 0.6857 0.6647 0.6758
July 0.6796 0.6570 0.6708
August 0.6852 0.6666 0.6767
September 0.6761 0.6524 0.6661
October 0.6891 0.6586 0.6768
November 0.6782 0.6564 0.6673
December 0.6643 0.6354 0.6497