2011 NPR to MKD Historical Review

YEARLY HIGH

0.6673 MKD

YEARLY LOW

0.5446 MKD

YEARLY AVERAGE

0.5974 MKD

2011 NPR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NPR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.6673. Conversely, the yearly low was recorded on December 1, dropping to 0.5446.

This high-to-low spread represents a total annual volatility of 0.1227 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6453 to the December average rate of 0.5553, the exchange rate registered a net change of -13.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6673 was down 5.89% compared to the 2010 peak of 0.7090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,336 MKD

2010 Average 3,247 MKD

Yearly Trough Low 2,723 MKD

Transaction Impact: A difference of 613.35 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6543

0.5463

JanuMarcMayJulySeptNove

NPR 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 0.6139, compared to 0.5808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0331 points.

H1 Avg (Jan–Jun) 0.6139

H2 Avg (Jul–Dec) 0.5808

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0434 MKD (High: 0.6010 / Low: 0.5577). On the other end, September was the most stable month, with a tight range of 0.0141 MKD (High: 0.5976 / Low: 0.5834).

October Spread (Volatile) ±0.0434

September Spread (Stable) ±0.0141

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0192 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.6453) against the same month in 2010 (average: 0.6008), the exchange rate shifted by +0.0445 (+7.41%).

2011 Avg (January) 0.6453

2010 Avg (January) 0.6008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6673	0.6274	0.6453
February	0.6426	0.6225	0.6317
March	0.6270	0.6092	0.6185
April	0.6147	0.5828	0.5993
May	0.6036	0.5781	0.5945
June	0.6062	0.5860	0.5944
July	0.6130	0.5943	0.6050
August	0.6141	0.5762	0.5905
September	0.5976	0.5834	0.5892
October	0.6010	0.5577	0.5775
November	0.5807	0.5529	0.5674
December	0.5773	0.5446	0.5553

2011 NPR నుండి MKD చారిత్రక సమీక్ష