2011 MKD to GMD Historical Review

YEARLY HIGH

0.6803 GMD

YEARLY LOW

0.5810 GMD

YEARLY AVERAGE

0.6389 GMD

2011 MKD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.6803. Conversely, the yearly low was recorded on January 10, dropping to 0.5810.

This high-to-low spread represents a total annual volatility of 0.0993 GMD. From a start-to-finish perspective, comparing the January average rate of 0.6039 to the December average rate of 0.6218, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6803 was up 3.98% compared to the 2010 peak of 0.6543, 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 3,402 GMD

2010 Average 2,981 GMD

Yearly Trough Low 2,905 GMD

Transaction Impact: A difference of 496.74 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6587

0.5989

JanuMarcMayJulySeptNove

MKD to GMD 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 0.6338, compared to 0.6440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.6338

H2 Avg (Jul–Dec) 0.6440

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0576 GMD (High: 0.6712 / Low: 0.6136). On the other end, September was the most stable month, with a tight range of 0.0314 GMD (High: 0.6694 / Low: 0.6380).

June Spread (Volatile) ±0.0576

September Spread (Stable) ±0.0314

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 November and December, when the average rate fell by 0.0228 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.6491) against the same month in 2010 (average: 0.6090), the exchange rate shifted by +0.0401 (+6.59%).

2011 Avg (October) 0.6491

2010 Avg (October) 0.6090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6304	0.5810	0.6039
February	0.6371	0.6027	0.6241
March	0.6440	0.6116	0.6306
April	0.6702	0.6173	0.6489
May	0.6773	0.6283	0.6485
June	0.6712	0.6136	0.6468
July	0.6609	0.6194	0.6448
August	0.6799	0.6305	0.6499
September	0.6694	0.6380	0.6537
October	0.6803	0.6289	0.6491
November	0.6678	0.6210	0.6446
December	0.6498	0.6005	0.6218