2011 MKD to GHS Historical Review

YEARLY HIGH

0.0369 GHS

YEARLY LOW

0.0305 GHS

YEARLY AVERAGE

0.0350 GHS

2011 MKD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0369. Conversely, the yearly low was recorded on February 20, dropping to 0.0305.

This high-to-low spread represents a total annual volatility of 0.0064 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0328 to the December average rate of 0.0352, the exchange rate registered a net change of 7.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0369 was up 9.10% compared to the 2010 peak of 0.0338, 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 185 GHS

2010 Average 155 GHS

Yearly Trough Low 153 GHS

Transaction Impact: A difference of 32.07 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0364

0.0324

JanuMarcMayJulySeptNove

MKD to GHS 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 0.0346, compared to 0.0355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0346

H2 Avg (Jul–Dec) 0.0355

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0048 GHS (High: 0.0353 / Low: 0.0305). On the other end, November was the most stable month, with a tight range of 0.0009 GHS (High: 0.0363 / Low: 0.0354).

February Spread (Volatile) ±0.0048

November Spread (Stable) ±0.0009

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0360) against the same month in 2010 (average: 0.0324), the exchange rate shifted by +0.0037 (+11.29%).

2011 Avg (October) 0.0360

2010 Avg (October) 0.0324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0350	0.0311	0.0328
February	0.0353	0.0305	0.0335
March	0.0354	0.0340	0.0348
April	0.0363	0.0346	0.0355
May	0.0366	0.0345	0.0353
June	0.0364	0.0348	0.0355
July	0.0360	0.0346	0.0352
August	0.0360	0.0350	0.0356
September	0.0356	0.0342	0.0350
October	0.0369	0.0345	0.0360
November	0.0363	0.0354	0.0358
December	0.0362	0.0344	0.0352