2012 MKD to BRL Historical Review

YEARLY HIGH

0.0452 BRL

YEARLY LOW

0.0365 BRL

YEARLY AVERAGE

0.0408 BRL

2012 MKD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.0452. Conversely, the yearly low was recorded on February 17, dropping to 0.0365.

This high-to-low spread represents a total annual volatility of 0.0086 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0376 to the December average rate of 0.0441, the exchange rate registered a net change of 17.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0452 was up 9.41% compared to the 2011 peak of 0.0413, 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 226 BRL

2011 Average 190 BRL

Yearly Trough Low 183 BRL

Transaction Impact: A difference of 43.17 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0448

0.0363

JanuMarcMayJulySeptNove

MKD to BRL 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 0.0393, compared to 0.0422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0393

H2 Avg (Jul–Dec) 0.0422

Volatility Range Comparison

Volatility

The most volatile month in 2012 was March, with a trading range of 0.0026 BRL (High: 0.0397 / Low: 0.0370). On the other end, October was the most stable month, with a tight range of 0.0008 BRL (High: 0.0430 / Low: 0.0423).

March Spread (Volatile) ±0.0026

October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.0441) against the same month in 2011 (average: 0.0394), the exchange rate shifted by +0.0047 (+11.83%).

2012 Avg (December) 0.0441

2011 Avg (December) 0.0394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0393	0.0368	0.0376
February	0.0376	0.0365	0.0370
March	0.0397	0.0370	0.0385
April	0.0407	0.0388	0.0397
May	0.0427	0.0405	0.0413
June	0.0423	0.0410	0.0417
July	0.0416	0.0400	0.0408
August	0.0418	0.0403	0.0407
September	0.0428	0.0409	0.0418
October	0.0430	0.0423	0.0427
November	0.0446	0.0425	0.0432
December	0.0452	0.0433	0.0441