2011 MKD to CZK Historical Review

YEARLY HIGH

0.4245 CZK

YEARLY LOW

0.3915 CZK

YEARLY AVERAGE

0.4006 CZK

2011 MKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.4245. Conversely, the yearly low was recorded on February 8, dropping to 0.3915.

This high-to-low spread represents a total annual volatility of 0.0330 CZK. From a start-to-finish perspective, comparing the January average rate of 0.3985 to the December average rate of 0.4156, the exchange rate registered a net change of 4.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4245 was down 1.67% compared to the 2010 peak of 0.4317, 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 2,123 CZK

2010 Average 2,061 CZK

Yearly Trough Low 1,957 CZK

Transaction Impact: A difference of 165.17 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4177

0.3932

JanuMarcMayJulySeptNove

MKD to CZK 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 0.3967, compared to 0.4044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.3967

H2 Avg (Jul–Dec) 0.4044

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0187 CZK (High: 0.4245 / Low: 0.4058). On the other end, October was the most stable month, with a tight range of 0.0047 CZK (High: 0.4069 / Low: 0.4022).

November Spread (Volatile) ±0.0187

October Spread (Stable) ±0.0047

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 January and February, when the average rate fell by 0.0029 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.4151) against the same month in 2010 (average: 0.4018), the exchange rate shifted by +0.0133 (+3.32%).

2011 Avg (November) 0.4151

2010 Avg (November) 0.4018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4086	0.3940	0.3985
February	0.3996	0.3915	0.3956
March	0.4002	0.3941	0.3972
April	0.3988	0.3923	0.3956
May	0.4014	0.3936	0.3977
June	0.3999	0.3925	0.3956
July	0.3991	0.3922	0.3961
August	0.3995	0.3916	0.3952
September	0.4057	0.3938	0.4001
October	0.4069	0.4022	0.4044
November	0.4245	0.4058	0.4151
December	0.4209	0.4097	0.4156