2010 MKD to ARS Historical Review

YEARLY HIGH

0.0918 ARS

YEARLY LOW

0.0764 ARS

YEARLY AVERAGE

0.0845 ARS

2010 MKD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MKD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.0918. Conversely, the yearly low was recorded on June 8, dropping to 0.0764.

This high-to-low spread represents a total annual volatility of 0.0155 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0884 to the December average rate of 0.0856, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 459 ARS

Yearly Average 423 ARS

Yearly Trough Low 382 ARS

Transaction Impact: A difference of 77.38 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0908

0.0769

JanuMarcMayJulySeptNove

MKD to ARS 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 0.0837, compared to 0.0853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0837

H2 Avg (Jul–Dec) 0.0853

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.0075 ARS (High: 0.0918 / Low: 0.0843). On the other end, October was the most stable month, with a tight range of 0.0023 ARS (High: 0.0908 / Low: 0.0885).

November Spread (Volatile) ±0.0075

October Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 0.0883.

2010 Avg (November) 0.0883

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0901	0.0869	0.0884
February	0.0873	0.0850	0.0857
March	0.0865	0.0840	0.0853
April	0.0861	0.0837	0.0847
May	0.0841	0.0778	0.0800
June	0.0793	0.0764	0.0780
July	0.0837	0.0786	0.0818
August	0.0849	0.0811	0.0827
September	0.0882	0.0817	0.0840
October	0.0908	0.0885	0.0896
November	0.0918	0.0843	0.0883
December	0.0869	0.0846	0.0856