2012 MKD to IRR Historical Review

YEARLY HIGH

264.3617 IRR

YEARLY LOW

231.6940 IRR

YEARLY AVERAGE

251.9744 IRR

2012 MKD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 264.3617. Conversely, the yearly low was recorded on January 2, dropping to 231.6940.

This high-to-low spread represents a total annual volatility of 32.6677 IRR. From a start-to-finish perspective, comparing the January average rate of 236.1862 to the December average rate of 260.3624, the exchange rate registered a net change of 10.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 264.3617 was down 3.44% compared to the 2011 peak of 273.7721, 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 1,321,809 IRR

2011 Average 1,193,706 IRR

Yearly Trough Low 1,158,470 IRR

Transaction Impact: A difference of 163,338.58 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

262.7800

233.7686

JanuMarcMayJulySeptNove

MKD to IRR 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 250.2289, compared to 253.7199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4910 points.

H1 Avg (Jan–Jun) 250.2289

H2 Avg (Jul–Dec) 253.7199

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 18.1048 IRR (High: 257.5637 / Low: 239.4590). On the other end, December was the most stable month, with a tight range of 1.8525 IRR (High: 261.3469 / Low: 259.4944).

February Spread (Volatile) ±18.1048

December Spread (Stable) ±1.8525

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 5.8244 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.8244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2012: 254.6450) against the same month in 2011 (average: 245.8810), the exchange rate shifted by +8.7640 (+3.56%).

2012 Avg (April) 254.6450

2011 Avg (April) 245.8810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	242.2570	231.6940	236.1862
February	257.5637	239.4590	250.4184
March	256.2347	250.7068	253.7843
April	264.3617	250.9074	254.6450
May	264.3510	249.7360	256.0818
June	252.4525	248.4501	250.2574
July	251.6231	241.8529	247.0930
August	250.7187	243.8161	246.4103
September	259.5731	247.4649	252.7283
October	260.6979	255.8586	258.4033
November	259.7439	256.0767	257.3221
December	261.3469	259.4944	260.3624