2012 MKD to HTG Historical Review

YEARLY HIGH

0.9043 HTG

YEARLY LOW

0.8275 HTG

YEARLY AVERAGE

0.8705 HTG

2012 MKD to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.9043. Conversely, the yearly low was recorded on July 26, dropping to 0.8275.

This high-to-low spread represents a total annual volatility of 0.0768 HTG. From a start-to-finish perspective, comparing the January average rate of 0.8496 to the December average rate of 0.8926, the exchange rate registered a net change of 5.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.9043 was down 8.73% compared to the 2011 peak of 0.9908, 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 4,522 HTG

2011 Average 4,605 HTG

Yearly Trough Low 4,138 HTG

Transaction Impact: A difference of 383.99 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.8975

0.8391

JanuMarcMayJulySeptNove

MKD to HTG 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 0.8712, compared to 0.8697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.8712

H2 Avg (Jul–Dec) 0.8697

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0465 HTG (High: 0.9043 / Low: 0.8578). On the other end, December was the most stable month, with a tight range of 0.0069 HTG (High: 0.8962 / Low: 0.8893).

May Spread (Volatile) ±0.0465

December Spread (Stable) ±0.0069

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 May and June, when the average rate fell by 0.0181 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2012: 0.8867) against the same month in 2011 (average: 0.9572), the exchange rate shifted by -0.0705 (-7.36%).

2012 Avg (April) 0.8867

2011 Avg (April) 0.9572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8706	0.8318	0.8496
February	0.8925	0.8564	0.8707
March	0.8946	0.8715	0.8842
April	0.9043	0.8729	0.8867
May	0.9043	0.8578	0.8769
June	0.8671	0.8509	0.8588
July	0.8669	0.8275	0.8466
August	0.8594	0.8356	0.8440
September	0.8919	0.8482	0.8672
October	0.8939	0.8786	0.8861
November	0.8889	0.8793	0.8820
December	0.8962	0.8893	0.8926