2011 MKD to NOK Historical Review

YEARLY HIGH

0.1304 NOK

YEARLY LOW

0.1233 NOK

YEARLY AVERAGE

0.1270 NOK

2011 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.1304. Conversely, the yearly low was recorded on September 7, dropping to 0.1233.

This high-to-low spread represents a total annual volatility of 0.0072 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1275 to the December average rate of 0.1263, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1304 was down 3.72% compared to the 2010 peak of 0.1355, 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 652 NOK

2010 Average 652 NOK

Yearly Trough Low 616 NOK

Transaction Impact: A difference of 35.82 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1282

0.1257

JanuMarcMayJulySeptNove

MKD to NOK 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 0.1275, compared to 0.1265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1275

H2 Avg (Jul–Dec) 0.1265

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0054 NOK (High: 0.1286 / Low: 0.1233). On the other end, April was the most stable month, with a tight range of 0.0021 NOK (High: 0.1287 / Low: 0.1265).

September Spread (Volatile) ±0.0054

April Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between September and November, 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 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.1280) against the same month in 2010 (average: 0.1289), the exchange rate shifted by -0.0009 (-0.73%).

2011 Avg (May) 0.1280

2010 Avg (May) 0.1289

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1297	0.1253	0.1275
February	0.1292	0.1258	0.1274
March	0.1289	0.1252	0.1275
April	0.1287	0.1265	0.1271
May	0.1304	0.1263	0.1280
June	0.1288	0.1264	0.1275
July	0.1281	0.1255	0.1267
August	0.1284	0.1246	0.1270
September	0.1286	0.1233	0.1259
October	0.1289	0.1243	0.1263
November	0.1282	0.1242	0.1268
December	0.1275	0.1248	0.1263