2012 MKD to PHP Historical Review

YEARLY HIGH

0.9363 PHP

YEARLY LOW

0.8292 PHP

YEARLY AVERAGE

0.8817 PHP

2012 MKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.9363. Conversely, the yearly low was recorded on July 24, dropping to 0.8292.

This high-to-low spread represents a total annual volatility of 0.1070 PHP. From a start-to-finish perspective, comparing the January average rate of 0.9145 to the December average rate of 0.8687, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.9363 was down 10.07% compared to the 2011 peak of 1.0411, 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 4,681 PHP

2011 Average 4,910 PHP

Yearly Trough Low 4,146 PHP

Transaction Impact: A difference of 535.11 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.9292

0.8347

JanuMarcMayJulySeptNove

MKD to PHP 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 0.9057, compared to 0.8577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0480 points.

H1 Avg (Jan–Jun) 0.9057

H2 Avg (Jul–Dec) 0.8577

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0434 PHP (High: 0.8834 / Low: 0.8401). On the other end, October was the most stable month, with a tight range of 0.0093 PHP (High: 0.8762 / Low: 0.8670).

September Spread (Volatile) ±0.0434

October Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0292 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 0.9170) against the same month in 2011 (average: 0.9703), the exchange rate shifted by -0.0533 (-5.49%).

2012 Avg (February) 0.9170

2011 Avg (February) 0.9703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9269	0.9037	0.9145
February	0.9363	0.9036	0.9170
March	0.9323	0.9087	0.9214
April	0.9308	0.9078	0.9138
May	0.9080	0.8840	0.8956
June	0.8853	0.8588	0.8718
July	0.8576	0.8292	0.8426
August	0.8631	0.8336	0.8445
September	0.8834	0.8401	0.8598
October	0.8762	0.8670	0.8701
November	0.8679	0.8556	0.8602
December	0.8737	0.8621	0.8687