2011 INR to MKD Historical Review

YEARLY HIGH

1.0501 MKD

YEARLY LOW

0.8653 MKD

YEARLY AVERAGE

0.9482 MKD

2011 INR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the INR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.0501. Conversely, the yearly low was recorded on November 22, dropping to 0.8653.

This high-to-low spread represents a total annual volatility of 0.1847 MKD. From a start-to-finish perspective, comparing the January average rate of 1.0115 to the December average rate of 0.8888, the exchange rate registered a net change of -12.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0501 was down 4.18% compared to the 2010 peak of 1.0959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 262,520 MKD

2010 Average 253,554 MKD

Yearly Trough Low 216,336 MKD

Transaction Impact: A difference of 46,183.52 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0238

0.8765

JanuMarcMayJulySeptNove

INR 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 0.9731, compared to 0.9234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0497 points.

H1 Avg (Jan–Jun) 0.9731

H2 Avg (Jul–Dec) 0.9234

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0741 MKD (High: 1.0501 / Low: 0.9759). On the other end, December was the most stable month, with a tight range of 0.0272 MKD (High: 0.8982 / Low: 0.8710).

January Spread (Volatile) ±0.0741

December Spread (Stable) ±0.0272

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 September and October, when the average rate fell by 0.0280 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.0115) against the same month in 2010 (average: 0.9357), the exchange rate shifted by +0.0758 (+8.10%).

2011 Avg (January) 1.0115

2010 Avg (January) 0.9357

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0501	0.9759	1.0115
February	1.0044	0.9757	0.9903
March	0.9897	0.9607	0.9754
April	0.9765	0.9336	0.9577
May	0.9684	0.9246	0.9518
June	0.9704	0.9375	0.9517
July	0.9833	0.9502	0.9681
August	0.9781	0.9206	0.9438
September	0.9527	0.9194	0.9372
October	0.9435	0.8871	0.9092
November	0.9139	0.8653	0.8933
December	0.8982	0.8710	0.8888