2011 MKD to NIO Historical Review

YEARLY HIGH

0.5395 NIO

YEARLY LOW

0.4173 NIO

YEARLY AVERAGE

0.4960 NIO

2011 MKD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.5395. Conversely, the yearly low was recorded on January 10, dropping to 0.4173.

This high-to-low spread represents a total annual volatility of 0.1222 NIO. From a start-to-finish perspective, comparing the January average rate of 0.4323 to the December average rate of 0.4923, the exchange rate registered a net change of 13.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5395 was up 17.65% compared to the 2010 peak of 0.4586, 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 2,698 NIO

2010 Average 2,116 NIO

Yearly Trough Low 2,087 NIO

Transaction Impact: A difference of 610.79 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5362

0.4229

JanuMarcMayJulySeptNove

MKD to NIO 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 0.4818, compared to 0.5101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0283 points.

H1 Avg (Jan–Jun) 0.4818

H2 Avg (Jul–Dec) 0.5101

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0779 NIO (High: 0.5381 / Low: 0.4602). On the other end, February was the most stable month, with a tight range of 0.0132 NIO (High: 0.4489 / Low: 0.4357).

April Spread (Volatile) ±0.0779

February Spread (Stable) ±0.0132

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 0.0182 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.5213) against the same month in 2010 (average: 0.4023), the exchange rate shifted by +0.1190 (+29.57%).

2011 Avg (May) 0.5213

2010 Avg (May) 0.4023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4442	0.4173	0.4323
February	0.4489	0.4357	0.4423
March	0.4619	0.4473	0.4546
April	0.5381	0.4602	0.5160
May	0.5395	0.5095	0.5213
June	0.5336	0.5136	0.5243
July	0.5303	0.5113	0.5226
August	0.5332	0.5193	0.5267
September	0.5263	0.4959	0.5086
October	0.5243	0.4871	0.5073
November	0.5113	0.4936	0.5032
December	0.5036	0.4819	0.4923