2012 GMD to MKD Historical Review

YEARLY HIGH

1.6588 MKD

YEARLY LOW

1.3849 MKD

YEARLY AVERAGE

1.5427 MKD

2012 GMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.6588. Conversely, the yearly low was recorded on October 23, dropping to 1.3849.

This high-to-low spread represents a total annual volatility of 0.2739 MKD. From a start-to-finish perspective, comparing the January average rate of 1.6070 to the December average rate of 1.5227, the exchange rate registered a net change of -5.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.6588 was down 3.63% compared to the 2011 peak of 1.7213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,294 MKD

2011 Average 7,834 MKD

Yearly Trough Low 6,924 MKD

Transaction Impact: A difference of 1,369.67 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.6257

1.4020

JanuMarcMayJulySeptNove

GMD 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 1.5680, compared to 1.5174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0506 points.

H1 Avg (Jan–Jun) 1.5680

H2 Avg (Jul–Dec) 1.5174

Volatility Range Comparison

Volatility

The most volatile month in 2012 was November, with a trading range of 0.2109 MKD (High: 1.6058 / Low: 1.3949). On the other end, September was the most stable month, with a tight range of 0.0592 MKD (High: 1.4958 / Low: 1.4367).

November Spread (Volatile) ±0.2109

September Spread (Stable) ±0.0592

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0969 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0969

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 1.6070) against the same month in 2011 (average: 1.6567), the exchange rate shifted by -0.0497 (-3.00%).

2012 Avg (January) 1.6070

2011 Avg (January) 1.6567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6588	1.5440	1.6070
February	1.5786	1.4783	1.5329
March	1.5693	1.5064	1.5256
April	1.6210	1.5372	1.5775
May	1.6238	1.5369	1.5780
June	1.6368	1.5437	1.5868
July	1.6127	1.5488	1.5813
August	1.5938	1.4634	1.5651
September	1.4958	1.4367	1.4682
October	1.4558	1.3849	1.4206
November	1.6058	1.3949	1.5467
December	1.5804	1.4488	1.5227