2012 MKD to ZAR Historical Review

YEARLY HIGH

0.1884 ZAR

YEARLY LOW

0.1605 ZAR

YEARLY AVERAGE

0.1714 ZAR

2012 MKD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.1884. Conversely, the yearly low was recorded on March 13, dropping to 0.1605.

This high-to-low spread represents a total annual volatility of 0.0278 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1681 to the December average rate of 0.1827, the exchange rate registered a net change of 8.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1884 was up 0.88% compared to the 2011 peak of 0.1867, 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 942 ZAR

2011 Average 822 ZAR

Yearly Trough Low 803 ZAR

Transaction Impact: A difference of 139.07 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1864

0.1613

JanuMarcMayJulySeptNove

MKD to ZAR 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 0.1675, compared to 0.1752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.1675

H2 Avg (Jul–Dec) 0.1752

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0115 ZAR (High: 0.1859 / Low: 0.1744). On the other end, February was the most stable month, with a tight range of 0.0053 ZAR (High: 0.1663 / Low: 0.1610).

October Spread (Volatile) ±0.0115

February Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0054 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.1827) against the same month in 2011 (average: 0.1757), the exchange rate shifted by +0.0071 (+4.03%).

2012 Avg (December) 0.1827

2011 Avg (December) 0.1757

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1716	0.1656	0.1681
February	0.1663	0.1610	0.1646
March	0.1670	0.1605	0.1634
April	0.1710	0.1654	0.1677
May	0.1734	0.1655	0.1700
June	0.1746	0.1673	0.1712
July	0.1688	0.1625	0.1658
August	0.1729	0.1615	0.1658
September	0.1759	0.1660	0.1706
October	0.1859	0.1744	0.1822
November	0.1871	0.1807	0.1843
December	0.1884	0.1796	0.1827