2012 MKD to CLP Historical Review

YEARLY HIGH

10.9355 CLP

YEARLY LOW

9.5203 CLP

YEARLY AVERAGE

10.1553 CLP

2012 MKD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.9355. Conversely, the yearly low was recorded on August 10, dropping to 9.5203.

This high-to-low spread represents a total annual volatility of 1.4153 CLP. From a start-to-finish perspective, comparing the January average rate of 10.5044 to the December average rate of 10.1116, the exchange rate registered a net change of -3.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 10.9355 was down 5.98% compared to the 2011 peak of 11.6305, 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 54,678 CLP

2011 Average 54,780 CLP

Yearly Trough Low 47,601 CLP

Transaction Impact: A difference of 7,076.37 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

10.5894

9.5691

JanuMarcMayJulySeptNove

MKD to CLP 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 10.3956, compared to 9.9150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4805 points.

H1 Avg (Jan–Jun) 10.3956

H2 Avg (Jul–Dec) 9.9150

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.6619 CLP (High: 10.9355 / Low: 10.2736). On the other end, December was the most stable month, with a tight range of 0.1284 CLP (High: 10.1690 / Low: 10.0406).

January Spread (Volatile) ±0.6619

December Spread (Stable) ±0.1284

Growth Streaks & Declines

Trends

Between August and December, 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 0.4116 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 10.5044) against the same month in 2011 (average: 10.6503), the exchange rate shifted by -0.1459 (-1.37%).

2012 Avg (January) 10.5044

2011 Avg (January) 10.6503

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9355	10.2736	10.5044
February	10.5328	10.2076	10.3457
March	10.5753	10.2865	10.4357
April	10.5753	10.3159	10.4058
May	10.5646	10.2340	10.3807
June	10.5333	10.1921	10.3010
July	10.2572	9.6155	9.8894
August	9.8106	9.5203	9.6542
September	9.9879	9.5577	9.7780
October	10.1791	9.8755	9.9979
November	10.1384	9.9766	10.0590
December	10.1690	10.0406	10.1116