2011 MKD to WST Historical Review

YEARLY HIGH

0.0570 WST

YEARLY LOW

0.0488 WST

YEARLY AVERAGE

0.0526 WST

2011 MKD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.0570. Conversely, the yearly low was recorded on January 11, dropping to 0.0488.

This high-to-low spread represents a total annual volatility of 0.0082 WST. From a start-to-finish perspective, comparing the January average rate of 0.0512 to the December average rate of 0.0515, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0570 was down 6.29% compared to the 2010 peak of 0.0608, 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 285 WST

2010 Average 271 WST

Yearly Trough Low 244 WST

Transaction Impact: A difference of 40.92 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0553

0.0509

JanuMarcMayJulySeptNove

MKD to WST 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 0.0533, compared to 0.0520 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) 0.0533

H2 Avg (Jul–Dec) 0.0520

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0050 WST (High: 0.0538 / Low: 0.0488). On the other end, February was the most stable month, with a tight range of 0.0021 WST (High: 0.0534 / Low: 0.0513).

January Spread (Volatile) ±0.0050

February 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 June and July, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.0550) against the same month in 2010 (average: 0.0556), the exchange rate shifted by -0.0006 (-1.14%).

2011 Avg (April) 0.0550

2010 Avg (April) 0.0556

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0538	0.0488	0.0512
February	0.0534	0.0513	0.0524
March	0.0551	0.0525	0.0536
April	0.0570	0.0537	0.0550
May	0.0565	0.0523	0.0540
June	0.0554	0.0527	0.0538
July	0.0540	0.0510	0.0525
August	0.0538	0.0499	0.0524
September	0.0527	0.0503	0.0514
October	0.0535	0.0504	0.0522
November	0.0529	0.0508	0.0519
December	0.0530	0.0506	0.0515