YEARLY HIGH
10.8300 XOF
YEARLY LOW
10.4940 XOF
YEARLY AVERAGE
10.6902 XOF

2011 MKD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 10.8300. Conversely, the yearly low was recorded on October 4, dropping to 10.4940.

This high-to-low spread represents a total annual volatility of 0.3360 XOF. From a start-to-finish perspective, comparing the January average rate of 10.6968 to the December average rate of 10.6886, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 10.8300 was down 0.39% compared to the 2010 peak of 10.8719, 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 54,150 XOF
2010 Average 53,457 XOF
Yearly Trough Low 52,470 XOF
Transaction Impact: A difference of 1,679.90 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

10.7283
10.6361
JanuMarcMayJulySeptNove

MKD to XOF 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 10.6996, compared to 10.6809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0187 points.

H1 Avg (Jan–Jun) 10.6996
H2 Avg (Jul–Dec) 10.6809

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.3017 XOF (High: 10.7957 / Low: 10.4940). On the other end, February was the most stable month, with a tight range of 0.0840 XOF (High: 10.7421 / Low: 10.6582).

October Spread (Volatile) ±0.3017
February Spread (Stable) ±0.0840

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 0.0504 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 10.7206) against the same month in 2010 (average: 10.6903), the exchange rate shifted by +0.0303 (+0.28%).

2011 Avg (April) 10.7206
2010 Avg (April) 10.6903

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7546 10.6504 10.6968
February 10.7421 10.6582 10.7004
March 10.7604 10.6742 10.7074
April 10.8300 10.6283 10.7206
May 10.7395 10.5708 10.6880
June 10.7559 10.6159 10.6843
July 10.7708 10.5862 10.6794
August 10.7447 10.6399 10.6941
September 10.7210 10.5291 10.6438
October 10.7957 10.4940 10.6955
November 10.7498 10.5772 10.6840
December 10.7658 10.6456 10.6886