2011 MKD to MNT Historical Review

YEARLY HIGH

30.7418 MNT

YEARLY LOW

26.2622 MNT

YEARLY AVERAGE

28.4976 MNT

2011 MKD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 30.7418. Conversely, the yearly low was recorded on January 11, dropping to 26.2622.

This high-to-low spread represents a total annual volatility of 4.4796 MNT. From a start-to-finish perspective, comparing the January average rate of 27.1087 to the December average rate of 29.2834, the exchange rate registered a net change of 8.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 30.7418 was down 11.83% compared to the 2010 peak of 34.8659, 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 153,709 MNT

2010 Average 146,266 MNT

Yearly Trough Low 131,311 MNT

Transaction Impact: A difference of 22,397.80 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

29.5798

26.8841

JanuMarcMayJulySeptNove

MKD to MNT 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 28.2550, compared to 28.7401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4852 points.

H1 Avg (Jan–Jun) 28.2550

H2 Avg (Jul–Dec) 28.7401

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 2.9709 MNT (High: 30.4427 / Low: 27.4718). On the other end, December was the most stable month, with a tight range of 0.6460 MNT (High: 29.5224 / Low: 28.8763).

April Spread (Volatile) ±2.9709

December Spread (Stable) ±0.6460

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.5642 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 28.7750) against the same month in 2010 (average: 28.4385), the exchange rate shifted by +0.3366 (+1.18%).

2011 Avg (May) 28.7750

2010 Avg (May) 28.4385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.6687	26.2622	27.1087
February	28.1302	27.4352	27.7483
March	28.5179	27.3217	27.9201
April	30.4427	27.4718	28.6226
May	30.7418	27.7976	28.7750
June	29.8585	28.7530	29.3551
July	29.5113	28.1958	28.9256
August	29.3725	28.0848	28.7136
September	29.1202	27.5283	28.1494
October	29.8332	27.1192	28.6190
November	29.1670	28.3758	28.7498
December	29.5224	28.8763	29.2834