2011 MKD to MGA Historical Review

YEARLY HIGH

48.1984 MGA

YEARLY LOW

43.1690 MGA

YEARLY AVERAGE

45.7968 MGA

2011 MKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 48.1984. Conversely, the yearly low was recorded on October 4, dropping to 43.1690.

This high-to-low spread represents a total annual volatility of 5.0295 MGA. From a start-to-finish perspective, comparing the January average rate of 45.5559 to the December average rate of 45.9373, the exchange rate registered a net change of 0.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 48.1984 was down 0.92% compared to the 2010 peak of 48.6472, 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 240,992 MGA

2010 Average 226,235 MGA

Yearly Trough Low 215,845 MGA

Transaction Impact: A difference of 25,147.26 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

46.9444

44.7410

JanuMarcMayJulySeptNove

MKD to MGA 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 45.6602, compared to 45.9335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2733 points.

H1 Avg (Jan–Jun) 45.6602

H2 Avg (Jul–Dec) 45.9335

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 5.0295 MGA (High: 48.1984 / Low: 43.1690). On the other end, August was the most stable month, with a tight range of 1.0133 MGA (High: 46.3546 / Low: 45.3413).

October Spread (Volatile) ±5.0295

August Spread (Stable) ±1.0133

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6941 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 46.7607) against the same month in 2010 (average: 45.2533), the exchange rate shifted by +1.5074 (+3.33%).

2011 Avg (October) 46.7607

2010 Avg (October) 45.2533

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.6944	44.7772	45.5559
February	45.8470	44.4161	44.9247
March	46.4164	45.0227	45.7200
April	47.1001	45.4411	46.3883
May	47.2942	45.0087	45.8878
June	46.0810	44.6831	45.4845
July	46.6191	44.5365	45.5425
August	46.3546	45.3413	45.7574
September	45.9773	44.2008	45.0633
October	48.1984	43.1690	46.7607
November	47.5370	45.4966	46.5396
December	46.9799	45.1611	45.9373