2012 MKD to RUB Historical Review

YEARLY HIGH

0.6860 RUB

YEARLY LOW

0.6196 RUB

YEARLY AVERAGE

0.6483 RUB

2012 MKD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.6860. Conversely, the yearly low was recorded on September 16, dropping to 0.6196.

This high-to-low spread represents a total annual volatility of 0.0664 RUB. From a start-to-finish perspective, comparing the January average rate of 0.6583 to the December average rate of 0.6506, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.6860 was down 3.78% compared to the 2011 peak of 0.7129, 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 3,430 RUB

2011 Average 3,331 RUB

Yearly Trough Low 3,098 RUB

Transaction Impact: A difference of 331.79 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.6749

0.6264

JanuMarcMayJulySeptNove

MKD to RUB 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 0.6460, compared to 0.6506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.6460

H2 Avg (Jul–Dec) 0.6506

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0457 RUB (High: 0.6777 / Low: 0.6320). On the other end, April was the most stable month, with a tight range of 0.0065 RUB (High: 0.6351 / Low: 0.6286).

May Spread (Volatile) ±0.0457

April Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between March and June, 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 0.0178 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 0.6709) against the same month in 2011 (average: 0.6555), the exchange rate shifted by +0.0153 (+2.34%).

2012 Avg (June) 0.6709

2011 Avg (June) 0.6555

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6773	0.6447	0.6583
February	0.6471	0.6336	0.6411
March	0.6389	0.6249	0.6304
April	0.6351	0.6286	0.6314
May	0.6777	0.6320	0.6438
June	0.6860	0.6574	0.6709
July	0.6705	0.6377	0.6531
August	0.6614	0.6347	0.6414
September	0.6604	0.6196	0.6472
October	0.6621	0.6483	0.6541
November	0.6632	0.6497	0.6570
December	0.6549	0.6432	0.6506