2011 CLP to MKD Historical Review

YEARLY HIGH

0.0986 MKD

YEARLY LOW

0.0860 MKD

YEARLY AVERAGE

0.0913 MKD

2011 CLP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CLP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0986. Conversely, the yearly low was recorded on October 20, dropping to 0.0860.

This high-to-low spread represents a total annual volatility of 0.0126 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0939 to the December average rate of 0.0901, the exchange rate registered a net change of -4.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0986 was down 1.47% compared to the 2010 peak of 0.1000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 98,560 MKD

2010 Average 90,870 MKD

Yearly Trough Low 85,981 MKD

Transaction Impact: A difference of 12,578.94 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0953

0.0872

JanuMarcMayJulySeptNove

CLP 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 0.0921, compared to 0.0906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0921

H2 Avg (Jul–Dec) 0.0906

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0078 MKD (High: 0.0949 / Low: 0.0871). On the other end, April was the most stable month, with a tight range of 0.0019 MKD (High: 0.0913 / Low: 0.0894).

September Spread (Volatile) ±0.0078

April Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between October and December, 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 0.0040 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0939) against the same month in 2010 (average: 0.0856), the exchange rate shifted by +0.0083 (+9.68%).

2011 Avg (January) 0.0939

2010 Avg (January) 0.0856

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0986	0.0916	0.0939
February	0.0969	0.0925	0.0947
March	0.0933	0.0895	0.0914
April	0.0913	0.0894	0.0902
May	0.0926	0.0884	0.0914
June	0.0927	0.0897	0.0908
July	0.0944	0.0907	0.0929
August	0.0948	0.0902	0.0916
September	0.0949	0.0871	0.0919
October	0.0894	0.0860	0.0879
November	0.0919	0.0875	0.0892
December	0.0914	0.0885	0.0901