2010 MKD to ILS Historical Review

YEARLY HIGH

0.0889 ILS

YEARLY LOW

0.0755 ILS

YEARLY AVERAGE

0.0807 ILS

2010 MKD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MKD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0889. Conversely, the yearly low was recorded on June 8, dropping to 0.0755.

This high-to-low spread represents a total annual volatility of 0.0134 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0864 to the December average rate of 0.0776, the exchange rate registered a net change of -10.19% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 444 ILS

Yearly Average 403 ILS

Yearly Trough Low 377 ILS

Transaction Impact: A difference of 67.02 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0874

0.0757

JanuMarcMayJulySeptNove

MKD to ILS 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 0.0814, compared to 0.0800 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) 0.0814

H2 Avg (Jul–Dec) 0.0800

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.0052 ILS (High: 0.0832 / Low: 0.0781). On the other end, February was the most stable month, with a tight range of 0.0016 ILS (High: 0.0845 / Low: 0.0829).

November Spread (Volatile) ±0.0052

February Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0035 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.0864.

2010 Avg (January) 0.0864

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0889	0.0847	0.0864
February	0.0845	0.0829	0.0835
March	0.0842	0.0813	0.0827
April	0.0821	0.0801	0.0811
May	0.0808	0.0759	0.0779
June	0.0781	0.0755	0.0767
July	0.0816	0.0775	0.0802
August	0.0812	0.0785	0.0797
September	0.0810	0.0781	0.0794
October	0.0827	0.0810	0.0818
November	0.0832	0.0781	0.0812
December	0.0788	0.0765	0.0776