YEARLY HIGH
10.8008 MKD
YEARLY LOW
8.9120 MKD
YEARLY AVERAGE
9.5861 MKD

2011 TJS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TJS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 10.8008. Conversely, the yearly low was recorded on August 29, dropping to 8.9120.

This high-to-low spread represents a total annual volatility of 1.8888 MKD. From a start-to-finish perspective, comparing the January average rate of 10.4323 to the December average rate of 9.7905, the exchange rate registered a net change of -6.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 10.8008 was down 8.09% compared to the 2010 peak of 11.7517, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,004 MKD
2010 Average 52,628 MKD
Yearly Trough Low 44,560 MKD
Transaction Impact: A difference of 9,443.98 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

10.5710
8.9068
JanuMarcMayJulySeptNove

TJS 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 9.7888, compared to 9.3835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4053 points.

H1 Avg (Jan–Jun) 9.7888
H2 Avg (Jul–Dec) 9.3835

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.6818 MKD (High: 9.7993 / Low: 9.1175). On the other end, August was the most stable month, with a tight range of 0.2778 MKD (High: 9.1898 / Low: 8.9120).

October Spread (Volatile) ±0.6818
August Spread (Stable) ±0.2778

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.3891 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3891

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 10.4323) against the same month in 2010 (average: 9.8448), the exchange rate shifted by +0.5875 (+5.97%).

2011 Avg (January) 10.4323
2010 Avg (January) 9.8448

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.8008 10.1630 10.4323
February 10.3714 10.0747 10.2160
March 10.1200 9.6743 9.8860
April 9.7155 9.1663 9.4968
May 9.7034 9.1517 9.4593
June 9.3992 9.0961 9.2423
July 9.3925 8.9866 9.1652
August 9.1898 8.9120 9.0455
September 9.5853 9.0400 9.3551
October 9.7993 9.1175 9.4176
November 9.7481 9.3487 9.5272
December 10.0106 9.5589 9.7905