2012 DJF to MKD Historical Review

YEARLY HIGH

0.2849 MKD

YEARLY LOW

0.2564 MKD

YEARLY AVERAGE

0.2687 MKD

2012 DJF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the DJF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.2849. Conversely, the yearly low was recorded on February 29, dropping to 0.2564.

This high-to-low spread represents a total annual volatility of 0.0285 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2671 to the December average rate of 0.2656, the exchange rate registered a net change of -0.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.2849 was up 6.45% compared to the 2011 peak of 0.2676, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,424 MKD

2011 Average 1,241 MKD

Yearly Trough Low 1,282 MKD

Transaction Impact: A difference of 142.35 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.2818

0.2586

JanuMarcMayJulySeptNove

DJF 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 0.2652, compared to 0.2723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.2652

H2 Avg (Jul–Dec) 0.2723

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0162 MKD (High: 0.2751 / Low: 0.2589). On the other end, December was the most stable month, with a tight range of 0.0024 MKD (High: 0.2667 / Low: 0.2644).

May Spread (Volatile) ±0.0162

December Spread (Stable) ±0.0024

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 August and September, when the average rate fell by 0.0074 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.2795) against the same month in 2011 (average: 0.2419), the exchange rate shifted by +0.0376 (+15.55%).

2012 Avg (July) 0.2795

2011 Avg (July) 0.2419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2713	0.2611	0.2671
February	0.2652	0.2564	0.2608
March	0.2626	0.2577	0.2605
April	0.2629	0.2582	0.2610
May	0.2751	0.2589	0.2679
June	0.2761	0.2707	0.2741
July	0.2849	0.2743	0.2795
August	0.2824	0.2748	0.2799
September	0.2772	0.2646	0.2725
October	0.2695	0.2652	0.2674
November	0.2699	0.2664	0.2686
December	0.2667	0.2644	0.2656