2011 CRC to MKD Historical Review

YEARLY HIGH

0.0949 MKD

YEARLY LOW

0.0829 MKD

YEARLY AVERAGE

0.0879 MKD

2011 CRC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CRC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0949. Conversely, the yearly low was recorded on May 4, dropping to 0.0829.

This high-to-low spread represents a total annual volatility of 0.0120 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0913 to the December average rate of 0.0930, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0949 was down 2.51% compared to the 2010 peak of 0.0974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 475 MKD

2010 Average 442 MKD

Yearly Trough Low 414 MKD

Transaction Impact: A difference of 60.19 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0938

0.0841

JanuMarcMayJulySeptNove

CRC 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 0.0877, compared to 0.0882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0877

H2 Avg (Jul–Dec) 0.0882

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0060 MKD (High: 0.0931 / Low: 0.0870). On the other end, August was the most stable month, with a tight range of 0.0021 MKD (High: 0.0862 / Low: 0.0840).

November Spread (Volatile) ±0.0060

August Spread (Stable) ±0.0021

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 March and April, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0930) against the same month in 2010 (average: 0.0926), the exchange rate shifted by +0.0004 (+0.39%).

2011 Avg (December) 0.0930

2010 Avg (December) 0.0926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0939	0.0895	0.0913
February	0.0914	0.0890	0.0903
March	0.0896	0.0868	0.0881
April	0.0876	0.0830	0.0854
May	0.0884	0.0829	0.0861
June	0.0866	0.0833	0.0849
July	0.0877	0.0842	0.0856
August	0.0862	0.0840	0.0851
September	0.0906	0.0847	0.0880
October	0.0907	0.0855	0.0877
November	0.0931	0.0870	0.0898
December	0.0949	0.0908	0.0930