2011 MRO to MKD Historical Review

YEARLY HIGH

0.1698 MKD

YEARLY LOW

0.1496 MKD

YEARLY AVERAGE

0.1578 MKD

2011 MRO to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MRO to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.1698. Conversely, the yearly low was recorded on October 30, dropping to 0.1496.

This high-to-low spread represents a total annual volatility of 0.0202 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1639 to the December average rate of 0.1627, the exchange rate registered a net change of -0.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1698 was down 9.76% compared to the 2010 peak of 0.1881, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 849 MKD

2010 Average 847 MKD

Yearly Trough Low 748 MKD

Transaction Impact: A difference of 101.00 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1648

0.1531

JanuMarcMayJulySeptNove

MRO 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 0.1578, compared to 0.1577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1578

H2 Avg (Jul–Dec) 0.1577

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0153 MKD (High: 0.1649 / Low: 0.1496). On the other end, November was the most stable month, with a tight range of 0.0063 MKD (High: 0.1625 / Low: 0.1562).

October Spread (Volatile) ±0.0153

November Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0043 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1639) against the same month in 2010 (average: 0.1651), the exchange rate shifted by -0.0012 (-0.73%).

2011 Avg (January) 0.1639

2010 Avg (January) 0.1651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1698	0.1609	0.1639
February	0.1629	0.1541	0.1595
March	0.1596	0.1515	0.1554
April	0.1581	0.1502	0.1544
May	0.1609	0.1516	0.1575
June	0.1598	0.1527	0.1563
July	0.1596	0.1528	0.1561
August	0.1581	0.1505	0.1541
September	0.1617	0.1538	0.1585
October	0.1649	0.1496	0.1558
November	0.1625	0.1562	0.1591
December	0.1661	0.1588	0.1627