2012 MKD to ETB Historical Review

YEARLY HIGH

0.3876 ETB

YEARLY LOW

0.3526 ETB

YEARLY AVERAGE

0.3710 ETB

2012 MKD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.3876. Conversely, the yearly low was recorded on July 26, dropping to 0.3526.

This high-to-low spread represents a total annual volatility of 0.0350 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3634 to the December average rate of 0.3862, the exchange rate registered a net change of 6.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.3876 was down 5.04% compared to the 2011 peak of 0.4081, 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 1,938 ETB

2011 Average 1,808 ETB

Yearly Trough Low 1,763 ETB

Transaction Impact: A difference of 174.85 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.3888

0.3570

JanuMarcMayJulySeptNove

MKD to ETB 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 0.3689, compared to 0.3730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.3689

H2 Avg (Jul–Dec) 0.3730

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0183 ETB (High: 0.3817 / Low: 0.3634). On the other end, December was the most stable month, with a tight range of 0.0036 ETB (High: 0.3876 / Low: 0.3840).

September Spread (Volatile) ±0.0183

December Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between July and October, 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 April and May, when the average rate fell by 0.0072 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.3862) against the same month in 2011 (average: 0.3703), the exchange rate shifted by +0.0158 (+4.28%).

2012 Avg (December) 0.3862

2011 Avg (December) 0.3703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3715	0.3567	0.3634
February	0.3802	0.3674	0.3732
March	0.3780	0.3696	0.3747
April	0.3780	0.3708	0.3742
May	0.3772	0.3589	0.3671
June	0.3641	0.3577	0.3610
July	0.3656	0.3526	0.3596
August	0.3677	0.3564	0.3605
September	0.3817	0.3634	0.3713
October	0.3840	0.3766	0.3803
November	0.3837	0.3788	0.3800
December	0.3876	0.3840	0.3862