2011 MKD to ZMK Historical Review

YEARLY HIGH

117.7021 ZMK

YEARLY LOW

100.3842 ZMK

YEARLY AVERAGE

110.5253 ZMK

2011 MKD to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 117.7021. Conversely, the yearly low was recorded on January 11, dropping to 100.3842.

This high-to-low spread represents a total annual volatility of 17.3179 ZMK. From a start-to-finish perspective, comparing the January average rate of 104.1602 to the December average rate of 110.2610, the exchange rate registered a net change of 5.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 117.7021 was up 6.90% compared to the 2010 peak of 110.1029, 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 588,510 ZMK

2010 Average 519,953 ZMK

Yearly Trough Low 501,921 ZMK

Transaction Impact: A difference of 86,589.35 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

116.5167

103.0369

JanuMarcMayJulySeptNove

MKD to ZMK 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 109.1747, compared to 111.8758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7012 points.

H1 Avg (Jan–Jun) 109.1747

H2 Avg (Jul–Dec) 111.8758

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 9.7478 ZMK (High: 115.8188 / Low: 106.0710). On the other end, November was the most stable month, with a tight range of 2.2235 ZMK (High: 112.3701 / Low: 110.1466).

September Spread (Volatile) ±9.7478

November Spread (Stable) ±2.2235

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 4.8046 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.8046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 115.3934) against the same month in 2010 (average: 103.3887), the exchange rate shifted by +12.0047 (+11.61%).

2011 Avg (August) 115.3934

2010 Avg (August) 103.3887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	108.4029	100.3842	104.1602
February	108.6672	104.6915	106.5192
March	110.5098	106.7736	108.6325
April	114.1402	108.7751	111.1436
May	114.9718	108.6397	111.4760
June	115.1729	111.3836	113.1165
July	114.2585	110.7388	112.5740
August	117.7021	111.0239	115.3934
September	115.8188	106.0710	110.5888
October	113.9338	105.8351	111.0258
November	112.3701	110.1466	111.4119
December	112.8688	107.8540	110.2610