2011 MKD to LSL Historical Review

YEARLY HIGH

0.1871 LSL

YEARLY LOW

0.1424 LSL

YEARLY AVERAGE

0.1640 LSL

2011 MKD to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.1871. Conversely, the yearly low was recorded on January 6, dropping to 0.1424.

This high-to-low spread represents a total annual volatility of 0.0448 LSL. From a start-to-finish perspective, comparing the January average rate of 0.1505 to the December average rate of 0.1757, the exchange rate registered a net change of 16.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1871 was up 6.28% compared to the 2010 peak of 0.1760, 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 936 LSL

2010 Average 791 LSL

Yearly Trough Low 712 LSL

Transaction Impact: A difference of 223.78 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1827

0.1476

JanuMarcMayJulySeptNove

MKD to LSL 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 0.1576, compared to 0.1703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.1576

H2 Avg (Jul–Dec) 0.1703

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0181 LSL (High: 0.1604 / Low: 0.1424). On the other end, June was the most stable month, with a tight range of 0.0039 LSL (High: 0.1610 / Low: 0.1572).

January Spread (Volatile) ±0.0181

June Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0040 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.1797) against the same month in 2010 (average: 0.1549), the exchange rate shifted by +0.0248 (+16.01%).

2011 Avg (November) 0.1797

2010 Avg (November) 0.1549

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1604	0.1424	0.1505
February	0.1611	0.1572	0.1598
March	0.1617	0.1548	0.1579
April	0.1617	0.1549	0.1587
May	0.1627	0.1570	0.1601
June	0.1610	0.1572	0.1589
July	0.1597	0.1549	0.1579
August	0.1698	0.1556	0.1653
September	0.1734	0.1616	0.1667
October	0.1819	0.1690	0.1766
November	0.1871	0.1754	0.1797
December	0.1790	0.1701	0.1757