2011 MKD to NZD Historical Review

YEARLY HIGH

0.0317 NZD

YEARLY LOW

0.0266 NZD

YEARLY AVERAGE

0.0287 NZD

2011 MKD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0317. Conversely, the yearly low was recorded on August 2, dropping to 0.0266.

This high-to-low spread represents a total annual volatility of 0.0051 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0279, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0317 was down 3.04% compared to the 2010 peak of 0.0327, 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 158 NZD

2010 Average 150 NZD

Yearly Trough Low 133 NZD

Transaction Impact: A difference of 25.52 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0311

0.0272

JanuMarcMayJulySeptNove

MKD to NZD 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 0.0294, compared to 0.0280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0294

H2 Avg (Jul–Dec) 0.0280

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0023 NZD (High: 0.0307 / Low: 0.0284). On the other end, April was the most stable month, with a tight range of 0.0007 NZD (High: 0.0302 / Low: 0.0295).

May Spread (Volatile) ±0.0023

April Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.0308) against the same month in 2010 (average: 0.0314), the exchange rate shifted by -0.0007 (-2.15%).

2011 Avg (March) 0.0308

2010 Avg (March) 0.0314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0291	0.0276	0.0284
February	0.0300	0.0287	0.0292
March	0.0317	0.0300	0.0308
April	0.0302	0.0295	0.0298
May	0.0307	0.0284	0.0294
June	0.0292	0.0284	0.0288
July	0.0286	0.0266	0.0275
August	0.0285	0.0266	0.0279
September	0.0288	0.0270	0.0276
October	0.0288	0.0280	0.0283
November	0.0296	0.0278	0.0287
December	0.0283	0.0271	0.0279