2011 MKD to PEN Historical Review

YEARLY HIGH

0.0687 PEN

YEARLY LOW

0.0566 PEN

YEARLY AVERAGE

0.0625 PEN

2011 MKD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0687. Conversely, the yearly low was recorded on December 29, dropping to 0.0566.

This high-to-low spread represents a total annual volatility of 0.0120 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0607 to the December average rate of 0.0579, the exchange rate registered a net change of -4.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0687 was down 3.72% compared to the 2010 peak of 0.0713, 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 343 PEN

2010 Average 325 PEN

Yearly Trough Low 283 PEN

Transaction Impact: A difference of 60.16 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0672

0.0571

JanuMarcMayJulySeptNove

MKD to PEN 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 0.0636, compared to 0.0614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0636

H2 Avg (Jul–Dec) 0.0614

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0056 PEN (High: 0.0687 / Low: 0.0630). On the other end, August was the most stable month, with a tight range of 0.0014 PEN (High: 0.0647 / Low: 0.0633).

May Spread (Volatile) ±0.0056

August Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0650) against the same month in 2010 (average: 0.0617), the exchange rate shifted by +0.0033 (+5.35%).

2011 Avg (May) 0.0650

2010 Avg (May) 0.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0620	0.0590	0.0607
February	0.0626	0.0606	0.0617
March	0.0650	0.0622	0.0634
April	0.0683	0.0647	0.0663
May	0.0687	0.0630	0.0650
June	0.0666	0.0634	0.0648
July	0.0649	0.0625	0.0638
August	0.0647	0.0633	0.0640
September	0.0636	0.0606	0.0616
October	0.0625	0.0596	0.0611
November	0.0610	0.0584	0.0597
December	0.0594	0.0566	0.0579