2011 MZN to MKD Historical Review

YEARLY HIGH

1.7876 MKD

YEARLY LOW

1.3214 MKD

YEARLY AVERAGE

1.5388 MKD

2011 MZN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MZN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.7876. Conversely, the yearly low was recorded on May 1, dropping to 1.3214.

This high-to-low spread represents a total annual volatility of 0.4662 MKD. From a start-to-finish perspective, comparing the January average rate of 1.4149 to the December average rate of 1.7470, the exchange rate registered a net change of 23.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.7876 was up 16.42% compared to the 2010 peak of 1.5355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,938 MKD

2010 Average 6,807 MKD

Yearly Trough Low 6,607 MKD

Transaction Impact: A difference of 2,330.94 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.7846

1.3330

JanuMarcMayJulySeptNove

MZN 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 1.4206, compared to 1.6569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2363 points.

H1 Avg (Jan–Jun) 1.4206

H2 Avg (Jul–Dec) 1.6569

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.1680 MKD (High: 1.4894 / Low: 1.3214). On the other end, March was the most stable month, with a tight range of 0.0574 MKD (High: 1.4490 / Low: 1.3916).

May Spread (Volatile) ±0.1680

March Spread (Stable) ±0.0574

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0453 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.7470) against the same month in 2010 (average: 1.3708), the exchange rate shifted by +0.3762 (+27.44%).

2011 Avg (December) 1.7470

2010 Avg (December) 1.3708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4724	1.3775	1.4149
February	1.4564	1.3785	1.4257
March	1.4490	1.3916	1.4159
April	1.4157	1.3214	1.3706
May	1.4894	1.3214	1.4232
June	1.5182	1.4270	1.4735
July	1.5893	1.4902	1.5436
August	1.6370	1.5621	1.6003
September	1.7082	1.5986	1.6621
October	1.7439	1.6302	1.6841
November	1.7634	1.6648	1.7043
December	1.7876	1.7044	1.7470