YEARLY HIGH
0.5543 MKD
YEARLY LOW
0.4844 MKD
YEARLY AVERAGE
0.5110 MKD

2011 PKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.5543. Conversely, the yearly low was recorded on August 29, dropping to 0.4844.

This high-to-low spread represents a total annual volatility of 0.0699 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5356 to the December average rate of 0.5206, the exchange rate registered a net change of -2.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5543 was down 7.81% compared to the 2010 peak of 0.6013, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 277,149 MKD
2010 Average 272,034 MKD
Yearly Trough Low 242,215 MKD
Transaction Impact: A difference of 34,933.99 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5398
0.4899
JanuMarcMayJulySeptNove

PKR 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 0.5125, compared to 0.5095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.5125
H2 Avg (Jul–Dec) 0.5095

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0335 MKD (High: 0.5543 / Low: 0.5208). On the other end, November was the most stable month, with a tight range of 0.0120 MKD (High: 0.5276 / Low: 0.5156).

January Spread (Volatile) ±0.0335
November Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 0.0128 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.5356) against the same month in 2010 (average: 0.5085), the exchange rate shifted by +0.0271 (+5.33%).

2011 Avg (January) 0.5356
2010 Avg (January) 0.5085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5543 0.5208 0.5356
February 0.5366 0.5173 0.5266
March 0.5232 0.5059 0.5138
April 0.5097 0.4869 0.5013
May 0.5104 0.4865 0.5011
June 0.5070 0.4867 0.4968
July 0.5120 0.4899 0.4990
August 0.5023 0.4844 0.4940
September 0.5211 0.4920 0.5088
October 0.5321 0.4994 0.5143
November 0.5276 0.5156 0.5206
December 0.5299 0.5084 0.5206