2011 BYR to MKD Historical Review

YEARLY HIGH

0.0158 MKD

YEARLY LOW

0.0052 MKD

YEARLY AVERAGE

0.0114 MKD

2011 BYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0158. Conversely, the yearly low was recorded on November 18, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0106 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0153 to the December average rate of 0.0055, the exchange rate registered a net change of -64.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0158 was down 7.55% compared to the 2010 peak of 0.0170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79 MKD

2010 Average 78 MKD

Yearly Trough Low 26 MKD

Transaction Impact: A difference of 53.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0162

0.0045

JanuMarcMayJulySeptNove

BYR 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 0.0138, compared to 0.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0138

H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0036 MKD (High: 0.0142 / Low: 0.0106). On the other end, July was the most stable month, with a tight range of 0.0003 MKD (High: 0.0109 / Low: 0.0106).

May Spread (Volatile) ±0.0036

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0039 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0153) against the same month in 2010 (average: 0.0150), the exchange rate shifted by +0.0002 (+1.40%).

2011 Avg (January) 0.0153

2010 Avg (January) 0.0150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0158	0.0149	0.0153
February	0.0151	0.0147	0.0149
March	0.0147	0.0142	0.0145
April	0.0142	0.0136	0.0139
May	0.0142	0.0106	0.0133
June	0.0108	0.0104	0.0106
July	0.0109	0.0106	0.0107
August	0.0108	0.0104	0.0106
September	0.0108	0.0104	0.0106
October	0.0106	0.0076	0.0101
November	0.0078	0.0052	0.0063
December	0.0057	0.0053	0.0055