2012 MKD to KES Historical Review

YEARLY HIGH

1.8279 KES

YEARLY LOW

1.6610 KES

YEARLY AVERAGE

1.7642 KES

2012 MKD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 1.8279. Conversely, the yearly low was recorded on July 25, dropping to 1.6610.

This high-to-low spread represents a total annual volatility of 0.1669 KES. From a start-to-finish perspective, comparing the January average rate of 1.8076 to the December average rate of 1.8208, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.8279 was down 22.42% compared to the 2011 peak of 2.3563, 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 9,140 KES

2011 Average 10,066 KES

Yearly Trough Low 8,305 KES

Transaction Impact: A difference of 834.50 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.8341

1.6746

JanuMarcMayJulySeptNove

MKD to KES 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 1.7736, compared to 1.7548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 1.7736

H2 Avg (Jul–Dec) 1.7548

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0880 KES (High: 1.7940 / Low: 1.7060). On the other end, December was the most stable month, with a tight range of 0.0178 KES (High: 1.8275 / Low: 1.8097).

September Spread (Volatile) ±0.0880

December Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0351 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 1.8076) against the same month in 2011 (average: 1.7636), the exchange rate shifted by +0.0441 (+2.50%).

2012 Avg (January) 1.8076

2011 Avg (January) 1.7636

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8279	1.7870	1.8076
February	1.8068	1.7566	1.7855
March	1.8004	1.7425	1.7808
April	1.8031	1.7652	1.7809
May	1.7899	1.7416	1.7583
June	1.7556	1.7059	1.7284
July	1.7231	1.6610	1.6933
August	1.7188	1.6775	1.6879
September	1.7940	1.7060	1.7450
October	1.8066	1.7754	1.7899
November	1.8096	1.7825	1.7916
December	1.8275	1.8097	1.8208