2011 MKD to ANG Historical Review

YEARLY HIGH

0.0434 ANG

YEARLY LOW

0.0376 ANG

YEARLY AVERAGE

0.0405 ANG

2011 MKD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0434. Conversely, the yearly low was recorded on December 29, dropping to 0.0376.

This high-to-low spread represents a total annual volatility of 0.0059 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0390 to the December average rate of 0.0384, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0434 was up 2.18% compared to the 2010 peak of 0.0425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 217 ANG

2010 Average 194 ANG

Yearly Trough Low 188 ANG

Transaction Impact: A difference of 29.26 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0425

0.0381

JanuMarcMayJulySeptNove

MKD to ANG 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 0.0410, compared to 0.0400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0410

H2 Avg (Jul–Dec) 0.0400

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0028 ANG (High: 0.0409 / Low: 0.0380). On the other end, August was the most stable month, with a tight range of 0.0010 ANG (High: 0.0419 / Low: 0.0409).

October Spread (Volatile) ±0.0028

August Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0419) against the same month in 2010 (average: 0.0368), the exchange rate shifted by +0.0051 (+13.90%).

2011 Avg (May) 0.0419

2010 Avg (May) 0.0368

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0400	0.0377	0.0390
February	0.0404	0.0392	0.0398
March	0.0415	0.0402	0.0408
April	0.0434	0.0413	0.0422
May	0.0434	0.0409	0.0419
June	0.0428	0.0411	0.0420
July	0.0423	0.0405	0.0414
August	0.0419	0.0409	0.0415
September	0.0412	0.0388	0.0398
October	0.0409	0.0380	0.0396
November	0.0400	0.0386	0.0393
December	0.0394	0.0376	0.0384