2012 ZAR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2012.
2012 ZAR to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the ZAR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 6.2286. Conversely, the yearly low was recorded on December 2, dropping to 5.3089.
This high-to-low spread represents a total annual volatility of 0.9197 MKD. From a start-to-finish perspective, comparing the January average rate of 5.9479 to the December average rate of 5.4734, the exchange rate registered a net change of -7.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2012 high of 6.2286 was down 10.44% compared to the 2011 peak of 6.9545, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2012.
ZAR to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.9725, compared to 5.7194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2531 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was August, with a trading range of 0.4057 MKD (High: 6.1908 / Low: 5.7851). On the other end, November was the most stable month, with a tight range of 0.1903 MKD (High: 5.5352 / Low: 5.3450).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3739 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2012: 6.1222) against the same month in 2011 (average: 6.3426), the exchange rate shifted by -0.2204 (-3.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.0389 | 5.8271 | 5.9479 |
| February | 6.2105 | 6.0135 | 6.0773 |
| March | 6.2286 | 5.9885 | 6.1222 |
| April | 6.0469 | 5.8485 | 5.9630 |
| May | 6.0439 | 5.7668 | 5.8828 |
| June | 5.9770 | 5.7288 | 5.8416 |
| July | 6.1547 | 5.9234 | 6.0317 |
| August | 6.1908 | 5.7851 | 6.0316 |
| September | 6.0229 | 5.6862 | 5.8631 |
| October | 5.7341 | 5.3790 | 5.4892 |
| November | 5.5352 | 5.3450 | 5.4273 |
| December | 5.5685 | 5.3089 | 5.4734 |