2011 MKD to SAR Historical Review

YEARLY HIGH

0.0909 SAR

YEARLY LOW

0.0787 SAR

YEARLY AVERAGE

0.0851 SAR

2011 MKD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0909. Conversely, the yearly low was recorded on December 29, dropping to 0.0787.

This high-to-low spread represents a total annual volatility of 0.0122 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0817 to the December average rate of 0.0805, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0909 was up 2.20% compared to the 2010 peak of 0.0890, 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 455 SAR

2010 Average 405 SAR

Yearly Trough Low 394 SAR

Transaction Impact: A difference of 61.11 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0891

0.0797

JanuMarcMayJulySeptNove

MKD to SAR 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 0.0858, compared to 0.0844 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) 0.0858

H2 Avg (Jul–Dec) 0.0844

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0060 SAR (High: 0.0865 / Low: 0.0806). On the other end, August was the most stable month, with a tight range of 0.0021 SAR (High: 0.0885 / Low: 0.0864).

October Spread (Volatile) ±0.0060

August Spread (Stable) ±0.0021

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 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0877) against the same month in 2010 (average: 0.0770), the exchange rate shifted by +0.0107 (+13.91%).

2011 Avg (May) 0.0877

2010 Avg (May) 0.0770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0838	0.0788	0.0817
February	0.0845	0.0821	0.0834
March	0.0868	0.0842	0.0855
April	0.0908	0.0864	0.0883
May	0.0909	0.0857	0.0877
June	0.0895	0.0861	0.0879
July	0.0886	0.0854	0.0873
August	0.0885	0.0864	0.0876
September	0.0873	0.0821	0.0842
October	0.0865	0.0806	0.0838
November	0.0844	0.0809	0.0828
December	0.0825	0.0787	0.0805