YEARLY HIGH
28.1709 MKD
YEARLY LOW
25.0877 MKD
YEARLY AVERAGE
26.6129 MKD

2012 TRY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TRY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 28.1709. Conversely, the yearly low was recorded on January 3, dropping to 25.0877.

This high-to-low spread represents a total annual volatility of 3.0832 MKD. From a start-to-finish perspective, comparing the January average rate of 25.8762 to the December average rate of 26.4148, the exchange rate registered a net change of 2.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 28.1709 was down 6.94% compared to the 2011 peak of 30.2718, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,408,547 MKD
2011 Average 1,318,701 MKD
Yearly Trough Low 1,254,385 MKD
Transaction Impact: A difference of 154,161.92 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

27.9264
25.6898
JanuMarcMayJulySeptNove

TRY 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 26.3028, compared to 26.9229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6201 points.

H1 Avg (Jan–Jun) 26.3028
H2 Avg (Jul–Dec) 26.9229

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 1.3430 MKD (High: 28.1709 / Low: 26.8280). On the other end, December was the most stable month, with a tight range of 0.2784 MKD (High: 26.5310 / Low: 26.2527).

August Spread (Volatile) ±1.3430
December Spread (Stable) ±0.2784

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8109 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 27.7400) against the same month in 2011 (average: 24.3895), the exchange rate shifted by +3.3505 (+13.74%).

2012 Avg (August) 27.7400
2011 Avg (August) 24.3895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.3280 25.0877 25.8762
February 26.7310 25.9190 26.4340
March 26.3851 25.5596 26.0081
April 26.4184 25.8276 26.1160
May 26.7144 26.2516 26.5023
June 27.1983 26.3967 26.8803
July 27.9554 26.9511 27.4291
August 28.1709 26.8280 27.7400
September 27.4597 26.3183 26.9291
October 26.7371 26.2130 26.3871
November 26.9416 26.4904 26.6373
December 26.5310 26.2527 26.4148