2011 MKD to CNY Historical Review

YEARLY HIGH

0.1575 CNY

YEARLY LOW

0.1326 CNY

YEARLY AVERAGE

0.1466 CNY

2011 MKD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1575. Conversely, the yearly low was recorded on December 30, dropping to 0.1326.

This high-to-low spread represents a total annual volatility of 0.0249 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1437 to the December average rate of 0.1362, the exchange rate registered a net change of -5.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1575 was down 2.82% compared to the 2010 peak of 0.1621, 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 787 CNY

2010 Average 732 CNY

Yearly Trough Low 663 CNY

Transaction Impact: A difference of 124.68 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1555

0.1344

JanuMarcMayJulySeptNove

MKD to CNY 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 0.1495, compared to 0.1437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1495

H2 Avg (Jul–Dec) 0.1437

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0100 CNY (High: 0.1468 / Low: 0.1368). On the other end, February was the most stable month, with a tight range of 0.0037 CNY (High: 0.1482 / Low: 0.1445).

October Spread (Volatile) ±0.0100

February Spread (Stable) ±0.0037

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 0.0061 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.1520) against the same month in 2010 (average: 0.1403), the exchange rate shifted by +0.0117 (+8.35%).

2011 Avg (May) 0.1520

2010 Avg (May) 0.1403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1472	0.1395	0.1437
February	0.1482	0.1445	0.1463
March	0.1517	0.1476	0.1498
April	0.1572	0.1509	0.1537
May	0.1575	0.1486	0.1520
June	0.1548	0.1487	0.1518
July	0.1527	0.1472	0.1502
August	0.1512	0.1475	0.1496
September	0.1485	0.1398	0.1435
October	0.1468	0.1368	0.1425
November	0.1430	0.1375	0.1403
December	0.1398	0.1326	0.1362