2011 MKD to KGS Historical Review

YEARLY HIGH

1.1318 KGS

YEARLY LOW

0.9688 KGS

YEARLY AVERAGE

1.0459 KGS

2011 MKD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 1.1318. Conversely, the yearly low was recorded on October 4, dropping to 0.9688.

This high-to-low spread represents a total annual volatility of 0.1630 KGS. From a start-to-finish perspective, comparing the January average rate of 1.0299 to the December average rate of 1.0006, the exchange rate registered a net change of -2.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1318 was up 4.24% compared to the 2010 peak of 1.0858, 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 5,659 KGS

2010 Average 4,968 KGS

Yearly Trough Low 4,844 KGS

Transaction Impact: A difference of 815.04 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1183

0.9899

JanuMarcMayJulySeptNove

MKD to KGS 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 1.0692, compared to 1.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0466 points.

H1 Avg (Jan–Jun) 1.0692

H2 Avg (Jul–Dec) 1.0226

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0832 KGS (High: 1.0520 / Low: 0.9688). On the other end, November was the most stable month, with a tight range of 0.0233 KGS (High: 1.0300 / Low: 1.0067).

October Spread (Volatile) ±0.0832

November Spread (Stable) ±0.0233

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 0.0302 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.1076) against the same month in 2010 (average: 0.9936), the exchange rate shifted by +0.1140 (+11.47%).

2011 Avg (April) 1.1076

2010 Avg (April) 0.9936

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0567	0.9913	1.0299
February	1.0687	1.0379	1.0543
March	1.0990	1.0652	1.0810
April	1.1318	1.0899	1.1076
May	1.1318	1.0516	1.0821
June	1.0771	1.0396	1.0600
July	1.0698	1.0304	1.0477
August	1.0607	1.0226	1.0426
September	1.0447	0.9869	1.0124
October	1.0520	0.9688	1.0118
November	1.0300	1.0067	1.0206
December	1.0274	0.9706	1.0006