2011 MKD to IDR Historical Review

YEARLY HIGH

207.6418 IDR

YEARLY LOW

190.7436 IDR

YEARLY AVERAGE

198.9366 IDR

2011 MKD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 207.6418. Conversely, the yearly low was recorded on December 30, dropping to 190.7436.

This high-to-low spread represents a total annual volatility of 16.8982 IDR. From a start-to-finish perspective, comparing the January average rate of 196.9888 to the December average rate of 194.6878, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 207.6418 was down 5.93% compared to the 2010 peak of 220.7280, 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 1,038,209 IDR

2010 Average 982,068 IDR

Yearly Trough Low 953,718 IDR

Transaction Impact: A difference of 84,490.85 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

204.5666

193.7898

JanuMarcMayJulySeptNove

MKD to IDR 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 199.9527, compared to 197.9206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0321 points.

H1 Avg (Jan–Jun) 199.9527

H2 Avg (Jul–Dec) 197.9206

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 11.6155 IDR (High: 202.4220 / Low: 190.8065). On the other end, March was the most stable month, with a tight range of 4.9988 IDR (High: 201.9786 / Low: 196.9798).

January Spread (Volatile) ±11.6155

March Spread (Stable) ±4.9988

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 4.2561 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.2561

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 200.4034) against the same month in 2010 (average: 188.3592), the exchange rate shifted by +12.0442 (+6.39%).

2011 Avg (May) 200.4034

2010 Avg (May) 188.3592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	202.4220	190.8065	196.9888
February	202.9775	195.2956	198.1457
March	201.9786	196.9798	199.7536
April	207.3091	199.6190	203.6685
May	207.6418	196.4417	200.4034
June	203.1102	197.6888	200.7561
July	201.6961	195.2371	198.5063
August	201.7857	195.8604	199.5805
September	203.2081	192.2740	197.3511
October	202.7477	191.7771	198.4537
November	201.0566	195.6332	198.9439
December	198.9678	190.7436	194.6878