2011 MKD to SGD Historical Review

YEARLY HIGH

0.0298 SGD

YEARLY LOW

0.0273 SGD

YEARLY AVERAGE

0.0285 SGD

2011 MKD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0298. Conversely, the yearly low was recorded on January 12, dropping to 0.0273.

This high-to-low spread represents a total annual volatility of 0.0026 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0278, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0298 was down 9.41% compared to the 2010 peak of 0.0329, 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 149 SGD

2010 Average 147 SGD

Yearly Trough Low 136 SGD

Transaction Impact: A difference of 12.87 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0295

0.0276

JanuMarcMayJulySeptNove

MKD to SGD 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 0.0288, compared to 0.0282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0288

H2 Avg (Jul–Dec) 0.0282

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0014 SGD (High: 0.0286 / Low: 0.0273). On the other end, February was the most stable month, with a tight range of 0.0006 SGD (High: 0.0287 / Low: 0.0281).

January Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0006

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 November and December, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0290) against the same month in 2010 (average: 0.0286), the exchange rate shifted by +0.0004 (+1.25%).

2011 Avg (May) 0.0290

2010 Avg (May) 0.0286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0286	0.0273	0.0280
February	0.0287	0.0281	0.0284
March	0.0293	0.0285	0.0289
April	0.0297	0.0290	0.0294
May	0.0298	0.0285	0.0290
June	0.0293	0.0285	0.0289
July	0.0290	0.0279	0.0283
August	0.0285	0.0278	0.0282
September	0.0287	0.0275	0.0280
October	0.0288	0.0282	0.0285
November	0.0287	0.0279	0.0285
December	0.0282	0.0273	0.0278