2011 MNT to MKD Historical Review

YEARLY HIGH

0.0381 MKD

YEARLY LOW

0.0325 MKD

YEARLY AVERAGE

0.0351 MKD

2011 MNT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MNT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0381. Conversely, the yearly low was recorded on May 4, dropping to 0.0325.

This high-to-low spread represents a total annual volatility of 0.0055 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0369 to the December average rate of 0.0341, the exchange rate registered a net change of -7.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0381 was down 1.37% compared to the 2010 peak of 0.0386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MNT based on timing:

Yearly Peak High 190 MKD

2010 Average 172 MKD

Yearly Trough Low 163 MKD

Transaction Impact: A difference of 27.74 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0372

0.0338

JanuMarcMayJulySeptNove

MNT to MKD 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 0.0354, compared to 0.0348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0354

H2 Avg (Jul–Dec) 0.0348

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0036 MKD (High: 0.0364 / Low: 0.0328). On the other end, December was the most stable month, with a tight range of 0.0008 MKD (High: 0.0346 / Low: 0.0339).

April Spread (Volatile) ±0.0036

December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and September, 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 January and February, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0369) against the same month in 2010 (average: 0.0297), the exchange rate shifted by +0.0072 (+24.40%).

2011 Avg (January) 0.0369

2010 Avg (January) 0.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0381	0.0361	0.0369
February	0.0364	0.0355	0.0360
March	0.0366	0.0351	0.0358
April	0.0364	0.0328	0.0350
May	0.0360	0.0325	0.0348
June	0.0348	0.0335	0.0341
July	0.0355	0.0339	0.0346
August	0.0356	0.0340	0.0348
September	0.0363	0.0343	0.0355
October	0.0369	0.0335	0.0350
November	0.0352	0.0343	0.0348
December	0.0346	0.0339	0.0341