2012 CLP to MKD Historical Review

YEARLY HIGH

0.1050 MKD

YEARLY LOW

0.0914 MKD

YEARLY AVERAGE

0.0986 MKD

2012 CLP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CLP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.1050. Conversely, the yearly low was recorded on January 1, dropping to 0.0914.

This high-to-low spread represents a total annual volatility of 0.0136 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0952 to the December average rate of 0.0989, the exchange rate registered a net change of 3.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1050 was up 6.57% compared to the 2011 peak of 0.0986, 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 105,039 MKD

2011 Average 91,329 MKD

Yearly Trough Low 91,445 MKD

Transaction Impact: A difference of 13,594.16 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1044

0.0944

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 0.0962, compared to 0.1009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0962

H2 Avg (Jul–Dec) 0.1009

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0065 MKD (High: 0.1040 / Low: 0.0975). On the other end, December was the most stable month, with a tight range of 0.0013 MKD (High: 0.0996 / Low: 0.0983).

July Spread (Volatile) ±0.0065

December Spread (Stable) ±0.0013

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 September and October, when the average rate fell by 0.0023 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 0.1036) against the same month in 2011 (average: 0.0916), the exchange rate shifted by +0.0119 (+13.03%).

2012 Avg (August) 0.1036

2011 Avg (August) 0.0916

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0973	0.0914	0.0952
February	0.0980	0.0949	0.0967
March	0.0972	0.0946	0.0958
April	0.0969	0.0946	0.0961
May	0.0977	0.0947	0.0963
June	0.0981	0.0949	0.0971
July	0.1040	0.0975	0.1012
August	0.1050	0.1019	0.1036
September	0.1046	0.1001	0.1023
October	0.1013	0.0982	0.1000
November	0.1002	0.0986	0.0994
December	0.0996	0.0983	0.0989