2012 MKD to MRO Historical Review

YEARLY HIGH

6.4065 MRO

YEARLY LOW

5.8578 MRO

YEARLY AVERAGE

6.1604 MRO

2012 MKD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 6.4065. Conversely, the yearly low was recorded on June 28, dropping to 5.8578.

This high-to-low spread represents a total annual volatility of 0.5487 MRO. From a start-to-finish perspective, comparing the January average rate of 6.0537 to the December average rate of 6.3249, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 6.4065 was down 4.17% compared to the 2011 peak of 6.6855, 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 32,033 MRO

2011 Average 31,712 MRO

Yearly Trough Low 29,289 MRO

Transaction Impact: A difference of 2,743.50 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

6.3623

5.9132

JanuMarcMayJulySeptNove

MKD to MRO 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 6.1392, compared to 6.1815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0424 points.

H1 Avg (Jan–Jun) 6.1392

H2 Avg (Jul–Dec) 6.1815

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.3508 MRO (High: 6.2527 / Low: 5.9018). On the other end, November was the most stable month, with a tight range of 0.0685 MRO (High: 6.2832 / Low: 6.2148).

May Spread (Volatile) ±0.3508

November Spread (Stable) ±0.0685

Growth Streaks & Declines

Trends

Between July and October, 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 April and May, when the average rate fell by 0.1397 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 6.2538) against the same month in 2011 (average: 6.2696), the exchange rate shifted by -0.0158 (-0.25%).

2012 Avg (February) 6.2538

2011 Avg (February) 6.2696

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.1871	5.9091	6.0537
February	6.4065	6.1365	6.2538
March	6.3470	6.1880	6.2839
April	6.3589	6.1193	6.2136
May	6.2527	5.9018	6.0738
June	6.0441	5.8578	5.9562
July	6.0552	5.8781	5.9506
August	6.1603	5.9895	6.0517
September	6.3571	6.0794	6.2059
October	6.3720	6.2772	6.3203
November	6.2832	6.2148	6.2358
December	6.4005	6.2573	6.3249