2012 MKD to HNL Historical Review

YEARLY HIGH

0.4220 HNL

YEARLY LOW

0.3753 HNL

YEARLY AVERAGE

0.4034 HNL

2012 MKD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.4220. Conversely, the yearly low was recorded on July 26, dropping to 0.3753.

This high-to-low spread represents a total annual volatility of 0.0468 HNL. From a start-to-finish perspective, comparing the January average rate of 0.3998 to the December average rate of 0.4202, the exchange rate registered a net change of 5.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.4220 was down 8.02% compared to the 2011 peak of 0.4588, 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 2,110 HNL

2011 Average 2,145 HNL

Yearly Trough Low 1,876 HNL

Transaction Impact: A difference of 233.90 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.4239

0.3799

JanuMarcMayJulySeptNove

MKD to HNL 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 0.4023, compared to 0.4044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.4023

H2 Avg (Jul–Dec) 0.4044

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0227 HNL (High: 0.4105 / Low: 0.3878). On the other end, December was the most stable month, with a tight range of 0.0043 HNL (High: 0.4220 / Low: 0.4178).

May Spread (Volatile) ±0.0227

December Spread (Stable) ±0.0043

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 0.0105 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.4202) against the same month in 2011 (average: 0.4070), the exchange rate shifted by +0.0133 (+3.26%).

2012 Avg (December) 0.4202

2011 Avg (December) 0.4070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4089	0.3926	0.3998
February	0.4164	0.4037	0.4098
March	0.4135	0.4049	0.4096
April	0.4135	0.4050	0.4083
May	0.4105	0.3878	0.3978
June	0.3915	0.3861	0.3886
July	0.3907	0.3753	0.3836
August	0.4000	0.3806	0.3906
September	0.4158	0.3957	0.4042
October	0.4177	0.4097	0.4139
November	0.4175	0.4129	0.4139
December	0.4220	0.4178	0.4202