2011 GYD to MKD Historical Review

YEARLY HIGH

0.2357 MKD

YEARLY LOW

0.2004 MKD

YEARLY AVERAGE

0.2164 MKD

2011 GYD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GYD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.2357. Conversely, the yearly low was recorded on May 2, dropping to 0.2004.

This high-to-low spread represents a total annual volatility of 0.0354 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2242 to the December average rate of 0.2296, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2357 was down 5.70% compared to the 2010 peak of 0.2500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,179 MKD

2010 Average 1,132 MKD

Yearly Trough Low 1,002 MKD

Transaction Impact: A difference of 176.91 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2319

0.2042

JanuMarcMayJulySeptNove

GYD 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 0.2132, compared to 0.2195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.2132

H2 Avg (Jul–Dec) 0.2195

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0167 MKD (High: 0.2302 / Low: 0.2134). On the other end, August was the most stable month, with a tight range of 0.0066 MKD (High: 0.2136 / Low: 0.2070).

October Spread (Volatile) ±0.0167

August Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0069 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.2296) against the same month in 2010 (average: 0.2286), the exchange rate shifted by +0.0010 (+0.45%).

2011 Avg (December) 0.2296

2010 Avg (December) 0.2286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2312	0.2177	0.2242
February	0.2226	0.2156	0.2189
March	0.2166	0.2095	0.2135
April	0.2119	0.2006	0.2065
May	0.2148	0.2004	0.2082
June	0.2140	0.2036	0.2079
July	0.2158	0.2056	0.2098
August	0.2136	0.2070	0.2112
September	0.2271	0.2112	0.2209
October	0.2302	0.2134	0.2216
November	0.2308	0.2189	0.2242
December	0.2357	0.2231	0.2296