2011 IDR to MKD Historical Review

YEARLY HIGH

0.0052 MKD

YEARLY LOW

0.0048 MKD

YEARLY AVERAGE

0.0050 MKD

2011 IDR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the IDR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0052. Conversely, the yearly low was recorded on May 5, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0004 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0051, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0052 was down 5.54% compared to the 2010 peak of 0.0055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 52,426 MKD

2010 Average 51,035 MKD

Yearly Trough Low 48,160 MKD

Transaction Impact: A difference of 4,266.53 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0052

0.0049

JanuMarcMayJulySeptNove

IDR 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 0.0050, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0050

H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0003 MKD (High: 0.0052 / Low: 0.0049). On the other end, March was the most stable month, with a tight range of 0.0001 MKD (High: 0.0051 / Low: 0.0050).

January Spread (Volatile) ±0.0003

March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0051) against the same month in 2010 (average: 0.0051), the exchange rate shifted by -0.0000 (-0.21%).

2011 Avg (December) 0.0051

2010 Avg (December) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0052	0.0049	0.0051
February	0.0051	0.0049	0.0050
March	0.0051	0.0050	0.0050
April	0.0050	0.0048	0.0049
May	0.0051	0.0048	0.0050
June	0.0051	0.0049	0.0050
July	0.0051	0.0050	0.0050
August	0.0051	0.0050	0.0050
September	0.0052	0.0049	0.0051
October	0.0052	0.0049	0.0050
November	0.0051	0.0050	0.0050
December	0.0052	0.0050	0.0051