2011 NZD to MKD Historical Review

YEARLY HIGH

37.6389 MKD

YEARLY LOW

31.5739 MKD

YEARLY AVERAGE

34.9139 MKD

2011 NZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 37.6389. Conversely, the yearly low was recorded on March 17, dropping to 31.5739.

This high-to-low spread represents a total annual volatility of 6.0650 MKD. From a start-to-finish perspective, comparing the January average rate of 35.1981 to the December average rate of 35.9113, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 37.6389 was up 5.31% compared to the 2010 peak of 35.7420, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 188,194 MKD

2010 Average 167,117 MKD

Yearly Trough Low 157,870 MKD

Transaction Impact: A difference of 30,324.79 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

36.7966

32.1131

JanuMarcMayJulySeptNove

NZD 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 34.0509, compared to 35.7769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7260 points.

H1 Avg (Jan–Jun) 34.0509

H2 Avg (Jul–Dec) 35.7769

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 2.6242 MKD (High: 35.1618 / Low: 32.5376). On the other end, April was the most stable month, with a tight range of 0.7877 MKD (High: 33.8798 / Low: 33.0921).

May Spread (Volatile) ±2.6242

April Spread (Stable) ±0.7877

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.7320 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.7320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 35.8294) against the same month in 2010 (average: 34.0240), the exchange rate shifted by +1.8054 (+5.31%).

2011 Avg (August) 35.8294

2010 Avg (August) 34.0240

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.2092	34.4111	35.1981
February	34.8963	33.2864	34.2354
March	33.2847	31.5739	32.5034
April	33.8798	33.0921	33.5114
May	35.1618	32.5376	34.0830
June	35.1504	34.2681	34.7738
July	37.5775	35.0062	36.4063
August	37.6389	35.0543	35.8294
September	37.0683	34.7309	36.2555
October	35.7590	34.6643	35.3650
November	35.9683	33.8089	34.8937
December	36.9194	35.2754	35.9113

2011 NZD నుండి MKD చారిత్రక సమీక్ష