2011 MKD to SBD Historical Review

YEARLY HIGH

0.1840 SBD

YEARLY LOW

0.1599 SBD

YEARLY AVERAGE

0.1726 SBD

2011 MKD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1840. Conversely, the yearly low was recorded on December 29, dropping to 0.1599.

This high-to-low spread represents a total annual volatility of 0.0241 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1699 to the December average rate of 0.1639, the exchange rate registered a net change of -3.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1840 was down 1.30% compared to the 2010 peak of 0.1864, 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 920 SBD

2010 Average 845 SBD

Yearly Trough Low 800 SBD

Transaction Impact: A difference of 120.39 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1816

0.1623

JanuMarcMayJulySeptNove

MKD to SBD 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 0.1756, compared to 0.1697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.1756

H2 Avg (Jul–Dec) 0.1697

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0090 SBD (High: 0.1689 / Low: 0.1599). On the other end, August was the most stable month, with a tight range of 0.0026 SBD (High: 0.1747 / Low: 0.1721).

December Spread (Volatile) ±0.0090

August Spread (Stable) ±0.0026

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 October and November, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.1800) against the same month in 2010 (average: 0.1636), the exchange rate shifted by +0.0165 (+10.06%).

2011 Avg (May) 0.1800

2010 Avg (May) 0.1636

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1743	0.1664	0.1699
February	0.1740	0.1711	0.1723
March	0.1759	0.1729	0.1744
April	0.1823	0.1777	0.1800
May	0.1840	0.1776	0.1800
June	0.1801	0.1726	0.1766
July	0.1750	0.1685	0.1720
August	0.1747	0.1721	0.1731
September	0.1726	0.1682	0.1699
October	0.1757	0.1669	0.1723
November	0.1693	0.1653	0.1668
December	0.1689	0.1599	0.1639