2011 JMD to MKD Historical Review

YEARLY HIGH

0.5526 MKD

YEARLY LOW

0.4841 MKD

YEARLY AVERAGE

0.5137 MKD

2011 JMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5526. Conversely, the yearly low was recorded on May 4, dropping to 0.4841.

This high-to-low spread represents a total annual volatility of 0.0685 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5287 to the December average rate of 0.5402, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5526 was down 5.62% compared to the 2010 peak of 0.5855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,763 MKD

2010 Average 2,643 MKD

Yearly Trough Low 2,420 MKD

Transaction Impact: A difference of 342.56 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5446

0.4925

JanuMarcMayJulySeptNove

JMD 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 0.5084, compared to 0.5190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.5084

H2 Avg (Jul–Dec) 0.5190

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0381 MKD (High: 0.5419 / Low: 0.5037). On the other end, August was the most stable month, with a tight range of 0.0131 MKD (High: 0.5075 / Low: 0.4944).

October Spread (Volatile) ±0.0381

August Spread (Stable) ±0.0131

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 February and March, when the average rate fell by 0.0137 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.5402) against the same month in 2010 (average: 0.5345), the exchange rate shifted by +0.0058 (+1.08%).

2011 Avg (December) 0.5402

2010 Avg (December) 0.5345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5470	0.5139	0.5287
February	0.5260	0.5091	0.5176
March	0.5124	0.4955	0.5040
April	0.5085	0.4846	0.4969
May	0.5154	0.4841	0.5024
June	0.5124	0.4912	0.5008
July	0.5164	0.4944	0.5038
August	0.5075	0.4944	0.5010
September	0.5349	0.5014	0.5206
October	0.5419	0.5037	0.5214
November	0.5399	0.5170	0.5268
December	0.5526	0.5276	0.5402