2011 MKD to IQD Historical Review

YEARLY HIGH

28.5611 IQD

YEARLY LOW

24.5013 IQD

YEARLY AVERAGE

26.5672 IQD

2011 MKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 28.5611. Conversely, the yearly low was recorded on December 29, dropping to 24.5013.

This high-to-low spread represents a total annual volatility of 4.0599 IQD. From a start-to-finish perspective, comparing the January average rate of 25.5817 to the December average rate of 25.0898, the exchange rate registered a net change of -1.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 28.5611 was up 4.34% compared to the 2010 peak of 27.3729, 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 142,806 IQD

2010 Average 126,190 IQD

Yearly Trough Low 122,506 IQD

Transaction Impact: A difference of 20,299.39 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

27.8993

24.8344

JanuMarcMayJulySeptNove

MKD to IQD 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 26.8365, compared to 26.2978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5387 points.

H1 Avg (Jan–Jun) 26.8365

H2 Avg (Jul–Dec) 26.2978

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.8988 IQD (High: 27.0028 / Low: 25.1040). On the other end, August was the most stable month, with a tight range of 0.6320 IQD (High: 27.5726 / Low: 26.9407).

October Spread (Volatile) ±1.8988

August Spread (Stable) ±0.6320

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 August and September, when the average rate fell by 1.0227 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 27.3888) against the same month in 2010 (average: 24.0388), the exchange rate shifted by +3.3500 (+13.94%).

2011 Avg (May) 27.3888

2010 Avg (May) 24.0388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.3203	24.5327	25.5817
February	26.5692	25.8019	26.1958
March	27.2627	26.2268	26.8301
April	28.4118	26.9574	27.6439
May	28.5611	26.7009	27.3888
June	27.8723	26.7803	27.3786
July	27.6039	26.6068	27.1818
August	27.5726	26.9407	27.2963
September	27.2243	25.6157	26.2736
October	27.0028	25.1040	26.1386
November	26.3404	25.1951	25.8067
December	25.7312	24.5013	25.0898