YEARLY HIGH
1.6406 MKD
YEARLY LOW
1.4889 MKD
YEARLY AVERAGE
1.5418 MKD

2011 MUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.6406. Conversely, the yearly low was recorded on July 4, dropping to 1.4889.

This high-to-low spread represents a total annual volatility of 0.1517 MKD. From a start-to-finish perspective, comparing the January average rate of 1.5251 to the December average rate of 1.5970, the exchange rate registered a net change of 4.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.6406 was up 1.28% compared to the 2010 peak of 1.6199, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MUR based on timing:

Yearly Peak High 8,203 MKD
2010 Average 7,556 MKD
Yearly Trough Low 7,445 MKD
Transaction Impact: A difference of 758.52 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.6045
1.5149
JanuMarcMayJulySeptNove

MUR to MKD 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 1.5280, compared to 1.5555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0275 points.

H1 Avg (Jan–Jun) 1.5280
H2 Avg (Jul–Dec) 1.5555

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0829 MKD (High: 1.6406 / Low: 1.5577). On the other end, March was the most stable month, with a tight range of 0.0298 MKD (High: 1.5448 / Low: 1.5150).

December Spread (Volatile) ±0.0829
March Spread (Stable) ±0.0298

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0185 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.5970) against the same month in 2010 (average: 1.5255), the exchange rate shifted by +0.0715 (+4.69%).

2011 Avg (December) 1.5970
2010 Avg (December) 1.5255

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5487 1.4924 1.5251
February 1.5503 1.5086 1.5298
March 1.5448 1.5150 1.5268
April 1.5547 1.5097 1.5302
May 1.5644 1.5076 1.5338
June 1.5634 1.4974 1.5224
July 1.5704 1.4889 1.5295
August 1.5517 1.5038 1.5361
September 1.5967 1.5398 1.5624
October 1.5835 1.5045 1.5439
November 1.5997 1.5398 1.5644
December 1.6406 1.5577 1.5970