2011 MGA to MKD Historical Review

YEARLY HIGH

0.0232 MKD

YEARLY LOW

0.0207 MKD

YEARLY AVERAGE

0.0218 MKD

2011 MGA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MGA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0232. Conversely, the yearly low was recorded on October 30, dropping to 0.0207.

This high-to-low spread represents a total annual volatility of 0.0024 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0218, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0232 was down 4.20% compared to the 2010 peak of 0.0242, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116 MKD

2010 Average 111 MKD

Yearly Trough Low 104 MKD

Transaction Impact: A difference of 12.09 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0223

0.0213

JanuMarcMayJulySeptNove

MGA 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 0.0219, compared to 0.0218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0219

H2 Avg (Jul–Dec) 0.0218

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0024 MKD (High: 0.0232 / Low: 0.0207). On the other end, August was the most stable month, with a tight range of 0.0005 MKD (High: 0.0221 / Low: 0.0216).

October Spread (Volatile) ±0.0024

August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0214) against the same month in 2010 (average: 0.0221), the exchange rate shifted by -0.0007 (-3.16%).

2011 Avg (October) 0.0214

2010 Avg (October) 0.0221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0223	0.0214	0.0220
February	0.0225	0.0218	0.0223
March	0.0222	0.0215	0.0219
April	0.0220	0.0212	0.0216
May	0.0222	0.0211	0.0218
June	0.0224	0.0217	0.0220
July	0.0225	0.0215	0.0220
August	0.0221	0.0216	0.0219
September	0.0226	0.0217	0.0222
October	0.0232	0.0207	0.0214
November	0.0220	0.0210	0.0215
December	0.0221	0.0213	0.0218