2012 MKD to GIP Historical Review

YEARLY HIGH

0.0138 GIP

YEARLY LOW

0.0125 GIP

YEARLY AVERAGE

0.0132 GIP

2012 MKD to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0138. Conversely, the yearly low was recorded on July 26, dropping to 0.0125.

This high-to-low spread represents a total annual volatility of 0.0013 GIP. From a start-to-finish perspective, comparing the January average rate of 0.0135 to the December average rate of 0.0132, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0138 was down 6.68% compared to the 2011 peak of 0.0147, 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 69 GIP

2011 Average 71 GIP

Yearly Trough Low 62 GIP

Transaction Impact: A difference of 6.49 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0137

0.0126

JanuMarcMayJulySeptNove

MKD to GIP 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 0.0134, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0134

H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0005 GIP (High: 0.0130 / Low: 0.0125). On the other end, December was the most stable month, with a tight range of 0.0001 GIP (High: 0.0132 / Low: 0.0131).

July Spread (Volatile) ±0.0005

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 0.0136) against the same month in 2011 (average: 0.0138), the exchange rate shifted by -0.0002 (-1.45%).

2012 Avg (February) 0.0136

2011 Avg (February) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0136	0.0135	0.0135
February	0.0138	0.0134	0.0136
March	0.0137	0.0135	0.0136
April	0.0136	0.0133	0.0134
May	0.0133	0.0130	0.0131
June	0.0132	0.0130	0.0131
July	0.0130	0.0125	0.0128
August	0.0128	0.0126	0.0127
September	0.0131	0.0126	0.0128
October	0.0133	0.0130	0.0131
November	0.0132	0.0131	0.0131
December	0.0132	0.0131	0.0132