2011 IQD to MKD Historical Review

YEARLY HIGH

0.0408 MKD

YEARLY LOW

0.0350 MKD

YEARLY AVERAGE

0.0377 MKD

2011 IQD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the IQD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0408. Conversely, the yearly low was recorded on May 4, dropping to 0.0350.

This high-to-low spread represents a total annual volatility of 0.0058 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0391 to the December average rate of 0.0399, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0408 was down 7.23% compared to the 2010 peak of 0.0440, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 204 MKD

2010 Average 198 MKD

Yearly Trough Low 175 MKD

Transaction Impact: A difference of 29.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0402

0.0358

JanuMarcMayJulySeptNove

IQD 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 0.0373, compared to 0.0381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0373

H2 Avg (Jul–Dec) 0.0381

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0028 MKD (High: 0.0398 / Low: 0.0370). On the other end, August was the most stable month, with a tight range of 0.0009 MKD (High: 0.0371 / Low: 0.0363).

October Spread (Volatile) ±0.0028

August Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0399) against the same month in 2010 (average: 0.0397), the exchange rate shifted by +0.0001 (+0.33%).

2011 Avg (December) 0.0399

2010 Avg (December) 0.0397

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0408	0.0380	0.0391
February	0.0388	0.0376	0.0382
March	0.0381	0.0367	0.0373
April	0.0371	0.0352	0.0362
May	0.0375	0.0350	0.0365
June	0.0373	0.0359	0.0365
July	0.0376	0.0362	0.0368
August	0.0371	0.0363	0.0366
September	0.0390	0.0367	0.0381
October	0.0398	0.0370	0.0383
November	0.0397	0.0380	0.0388
December	0.0408	0.0389	0.0399