2011 MKD to SOS Historical Review

YEARLY HIGH

38.8029 SOS

YEARLY LOW

33.7529 SOS

YEARLY AVERAGE

36.6145 SOS

2011 MKD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 38.8029. Conversely, the yearly low was recorded on January 10, dropping to 33.7529.

This high-to-low spread represents a total annual volatility of 5.0499 SOS. From a start-to-finish perspective, comparing the January average rate of 34.8880 to the December average rate of 34.8263, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 38.8029 was up 4.48% compared to the 2010 peak of 37.1395, 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 194,014 SOS

2010 Average 168,361 SOS

Yearly Trough Low 168,765 SOS

Transaction Impact: A difference of 25,249.73 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

38.4882

34.4934

JanuMarcMayJulySeptNove

MKD to SOS 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 36.6532, compared to 36.5758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0774 points.

H1 Avg (Jan–Jun) 36.6532

H2 Avg (Jul–Dec) 36.5758

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 2.4082 SOS (High: 37.3128 / Low: 34.9046). On the other end, August was the most stable month, with a tight range of 0.9693 SOS (High: 38.6465 / Low: 37.6772).

October Spread (Volatile) ±2.4082

August Spread (Stable) ±0.9693

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 1.6411 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 37.4061) against the same month in 2010 (average: 31.6330), the exchange rate shifted by +5.7731 (+18.25%).

2011 Avg (May) 37.4061

2010 Avg (May) 31.6330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.7628	33.7529	34.8880
February	36.1853	35.0624	35.6118
March	37.1752	36.0247	36.5509
April	38.7403	36.8827	37.6888
May	38.8029	36.5606	37.4061
June	38.5616	36.8475	37.7736
July	38.5566	36.3483	37.8598
August	38.6465	37.6772	38.1553
September	37.9446	35.5640	36.5142
October	37.3128	34.9046	36.2628
November	36.5679	34.9321	35.8361
December	35.7025	34.2080	34.8263