2012 MKD to BIF Historical Review

YEARLY HIGH

32.6827 BIF

YEARLY LOW

26.5314 BIF

YEARLY AVERAGE

29.2893 BIF

2012 MKD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 32.6827. Conversely, the yearly low was recorded on January 16, dropping to 26.5314.

This high-to-low spread represents a total annual volatility of 6.1513 BIF. From a start-to-finish perspective, comparing the January average rate of 27.2640 to the December average rate of 32.2851, the exchange rate registered a net change of 18.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 32.6827 was up 9.94% compared to the 2011 peak of 29.7278, 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 163,413 BIF

2011 Average 137,217 BIF

Yearly Trough Low 132,657 BIF

Transaction Impact: A difference of 30,756.68 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

32.7873

26.7619

JanuMarcMayJulySeptNove

MKD to BIF 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 28.1673, compared to 30.4114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2442 points.

H1 Avg (Jan–Jun) 28.1673

H2 Avg (Jul–Dec) 30.4114

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 2.4969 BIF (High: 29.7603 / Low: 27.2634). On the other end, June was the most stable month, with a tight range of 0.5597 BIF (High: 28.9166 / Low: 28.3569).

April Spread (Volatile) ±2.4969

June Spread (Stable) ±0.5597

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 May and June, when the average rate fell by 0.3895 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3895

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 32.2851) against the same month in 2011 (average: 27.6585), the exchange rate shifted by +4.6266 (+16.73%).

2012 Avg (December) 32.2851

2011 Avg (December) 27.6585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.8135	26.5314	27.2640
February	28.4079	27.4839	27.9592
March	28.1521	27.4838	27.8927
April	29.7603	27.2634	28.1873
May	29.6377	28.3234	29.0449
June	28.9166	28.3569	28.6554
July	29.1537	28.0515	28.7136
August	29.5329	28.5983	28.9718
September	31.2042	29.0478	30.0154
October	31.4125	30.6314	31.1847
November	32.0853	30.6947	31.2980
December	32.6827	31.6239	32.2851