2011 MKD to BZD Historical Review

YEARLY HIGH

0.0483 BZD

YEARLY LOW

0.0418 BZD

YEARLY AVERAGE

0.0451 BZD

2011 MKD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0483. Conversely, the yearly low was recorded on January 10, dropping to 0.0418.

This high-to-low spread represents a total annual volatility of 0.0065 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0433 to the December average rate of 0.0428, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0483 was up 2.47% compared to the 2010 peak of 0.0472, 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 242 BZD

2010 Average 215 BZD

Yearly Trough Low 209 BZD

Transaction Impact: A difference of 32.70 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0473

0.0424

JanuMarcMayJulySeptNove

MKD to BZD 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 0.0455, compared to 0.0448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0455

H2 Avg (Jul–Dec) 0.0448

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0032 BZD (High: 0.0460 / Low: 0.0428). On the other end, February was the most stable month, with a tight range of 0.0013 BZD (High: 0.0448 / Low: 0.0435).

October Spread (Volatile) ±0.0032

February Spread (Stable) ±0.0013

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: 0.0465) against the same month in 2010 (average: 0.0408), the exchange rate shifted by +0.0057 (+13.96%).

2011 Avg (May) 0.0465

2010 Avg (May) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0444	0.0418	0.0433
February	0.0448	0.0435	0.0442
March	0.0460	0.0446	0.0453
April	0.0483	0.0458	0.0469
May	0.0483	0.0452	0.0465
June	0.0475	0.0454	0.0466
July	0.0471	0.0451	0.0463
August	0.0470	0.0457	0.0464
September	0.0464	0.0436	0.0447
October	0.0460	0.0428	0.0446
November	0.0449	0.0430	0.0440
December	0.0438	0.0418	0.0428