2011 MKD to EGP Historical Review

YEARLY HIGH

0.1445 EGP

YEARLY LOW

0.1221 EGP

YEARLY AVERAGE

0.1348 EGP

2011 MKD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1445. Conversely, the yearly low was recorded on January 10, dropping to 0.1221.

This high-to-low spread represents a total annual volatility of 0.0225 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1266 to the December average rate of 0.1292, the exchange rate registered a net change of 2.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1445 was up 8.91% compared to the 2010 peak of 0.1327, 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 723 EGP

2010 Average 609 EGP

Yearly Trough Low 610 EGP

Transaction Impact: A difference of 112.34 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1416

0.1253

JanuMarcMayJulySeptNove

MKD to EGP 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 0.1353, compared to 0.1344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1353

H2 Avg (Jul–Dec) 0.1344

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0099 EGP (High: 0.1378 / Low: 0.1280). On the other end, February was the most stable month, with a tight range of 0.0040 EGP (High: 0.1328 / Low: 0.1288).

October Spread (Volatile) ±0.0099

February Spread (Stable) ±0.0040

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 0.0052 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.1393) against the same month in 2010 (average: 0.1155), the exchange rate shifted by +0.0238 (+20.56%).

2011 Avg (May) 0.1393

2010 Avg (May) 0.1155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1308	0.1221	0.1266
February	0.1328	0.1288	0.1307
March	0.1381	0.1325	0.1352
April	0.1441	0.1372	0.1403
May	0.1445	0.1358	0.1393
June	0.1418	0.1362	0.1395
July	0.1408	0.1358	0.1386
August	0.1410	0.1367	0.1392
September	0.1387	0.1307	0.1340
October	0.1378	0.1280	0.1334
November	0.1343	0.1295	0.1321
December	0.1322	0.1265	0.1292