2010 BIF to MKD Historical Review

YEARLY HIGH

0.0451 MKD

YEARLY LOW

0.0369 MKD

YEARLY AVERAGE

0.0408 MKD

2010 BIF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the BIF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0451. Conversely, the yearly low was recorded on January 13, dropping to 0.0369.

This high-to-low spread represents a total annual volatility of 0.0082 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0377 to the December average rate of 0.0409, the exchange rate registered a net change of 8.49% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 226 MKD

Yearly Average 204 MKD

Yearly Trough Low 184 MKD

Transaction Impact: A difference of 41.23 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0448

0.0371

JanuMarcMayJulySeptNove

BIF 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 0.0407, compared to 0.0409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0407

H2 Avg (Jul–Dec) 0.0409

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0039 MKD (High: 0.0441 / Low: 0.0402). On the other end, December was the most stable month, with a tight range of 0.0010 MKD (High: 0.0412 / Low: 0.0403).

May Spread (Volatile) ±0.0039

December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and June, 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 September and October, when the average rate fell by 0.0026 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.0442.

2010 Avg (June) 0.0442

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0387	0.0369	0.0377
February	0.0401	0.0386	0.0395
March	0.0405	0.0392	0.0398
April	0.0406	0.0396	0.0401
May	0.0441	0.0402	0.0428
June	0.0451	0.0434	0.0442
July	0.0440	0.0413	0.0424
August	0.0428	0.0409	0.0419
September	0.0427	0.0397	0.0415
October	0.0395	0.0384	0.0389
November	0.0415	0.0379	0.0396
December	0.0412	0.0403	0.0409