2011 LRD to MKD Historical Review

YEARLY HIGH

0.6714 MKD

YEARLY LOW

0.5687 MKD

YEARLY AVERAGE

0.6125 MKD

2011 LRD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LRD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.6714. Conversely, the yearly low was recorded on May 4, dropping to 0.5687.

This high-to-low spread represents a total annual volatility of 0.1028 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6410 to the December average rate of 0.6463, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6714 was down 8.54% compared to the 2010 peak of 0.7342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,357 MKD

2010 Average 3,275 MKD

Yearly Trough Low 2,843 MKD

Transaction Impact: A difference of 513.75 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6519

0.5845

JanuMarcMayJulySeptNove

LRD 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 0.6075, compared to 0.6175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.6075

H2 Avg (Jul–Dec) 0.6175

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0523 MKD (High: 0.6714 / Low: 0.6192). On the other end, August was the most stable month, with a tight range of 0.0143 MKD (High: 0.5985 / Low: 0.5842).

January Spread (Volatile) ±0.0523

August Spread (Stable) ±0.0143

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 January and February, when the average rate fell by 0.0201 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.6410) against the same month in 2010 (average: 0.6118), the exchange rate shifted by +0.0292 (+4.77%).

2011 Avg (January) 0.6410

2010 Avg (January) 0.6118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6714	0.6192	0.6410
February	0.6307	0.6118	0.6209
March	0.6188	0.5991	0.6081
April	0.6064	0.5698	0.5915
May	0.6120	0.5687	0.5934
June	0.6048	0.5783	0.5901
July	0.6056	0.5820	0.5926
August	0.5985	0.5842	0.5927
September	0.6389	0.5925	0.6199
October	0.6425	0.6017	0.6201
November	0.6532	0.6148	0.6335
December	0.6619	0.6318	0.6463