2011 MKD to MVR Historical Review

YEARLY HIGH

0.3362 MVR

YEARLY LOW

0.2692 MVR

YEARLY AVERAGE

0.3089 MVR

2011 MKD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.3362. Conversely, the yearly low was recorded on January 10, dropping to 0.2692.

This high-to-low spread represents a total annual volatility of 0.0670 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2788 to the December average rate of 0.3024, the exchange rate registered a net change of 8.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3362 was up 10.72% compared to the 2010 peak of 0.3037, 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 1,681 MVR

2010 Average 1,384 MVR

Yearly Trough Low 1,346 MVR

Transaction Impact: A difference of 334.96 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3347

0.2737

JanuMarcMayJulySeptNove

MKD to MVR 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 0.3009, compared to 0.3170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.3009

H2 Avg (Jul–Dec) 0.3170

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0297 MVR (High: 0.3299 / Low: 0.3003). On the other end, August was the most stable month, with a tight range of 0.0077 MVR (High: 0.3324 / Low: 0.3247).

May Spread (Volatile) ±0.0297

August Spread (Stable) ±0.0077

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 0.0122 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 0.3296) against the same month in 2010 (average: 0.2547), the exchange rate shifted by +0.0749 (+29.41%).

2011 Avg (June) 0.3296

2010 Avg (June) 0.2547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2861	0.2692	0.2788
February	0.2886	0.2803	0.2846
March	0.2964	0.2873	0.2920
April	0.3100	0.2950	0.3015
May	0.3299	0.3003	0.3190
June	0.3362	0.3228	0.3296
July	0.3329	0.3200	0.3276
August	0.3324	0.3247	0.3288
September	0.3279	0.3092	0.3166
October	0.3250	0.3035	0.3154
November	0.3169	0.3023	0.3108
December	0.3100	0.2961	0.3024