2011 MKD to BOB Historical Review

YEARLY HIGH

0.1700 BOB

YEARLY LOW

0.1444 BOB

YEARLY AVERAGE

0.1581 BOB

2011 MKD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1700. Conversely, the yearly low was recorded on December 29, dropping to 0.1444.

This high-to-low spread represents a total annual volatility of 0.0256 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1522 to the December average rate of 0.1480, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1700 was up 2.07% compared to the 2010 peak of 0.1666, 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 850 BOB

2010 Average 758 BOB

Yearly Trough Low 722 BOB

Transaction Impact: A difference of 127.86 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1665

0.1463

JanuMarcMayJulySeptNove

MKD to BOB 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 0.1598, compared to 0.1563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.1598

H2 Avg (Jul–Dec) 0.1563

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0124 BOB (High: 0.1618 / Low: 0.1494). On the other end, February was the most stable month, with a tight range of 0.0046 BOB (High: 0.1581 / Low: 0.1535).

October Spread (Volatile) ±0.0124

February Spread (Stable) ±0.0046

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 0.0064 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.1635) against the same month in 2010 (average: 0.1444), the exchange rate shifted by +0.0191 (+13.21%).

2011 Avg (May) 0.1635

2010 Avg (May) 0.1444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1557	0.1475	0.1522
February	0.1581	0.1535	0.1558
March	0.1623	0.1573	0.1596
April	0.1697	0.1605	0.1648
May	0.1700	0.1590	0.1635
June	0.1667	0.1579	0.1632
July	0.1652	0.1567	0.1620
August	0.1654	0.1595	0.1624
September	0.1632	0.1512	0.1560
October	0.1618	0.1494	0.1561
November	0.1572	0.1485	0.1531
December	0.1520	0.1444	0.1480