2012 NGN to MKD Historical Review

YEARLY HIGH

0.3197 MKD

YEARLY LOW

0.2893 MKD

YEARLY AVERAGE

0.3018 MKD

2012 NGN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NGN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 0.3197. Conversely, the yearly low was recorded on January 31, dropping to 0.2893.

This high-to-low spread represents a total annual volatility of 0.0304 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2952 to the December average rate of 0.3004, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.3197 was up 2.79% compared to the 2011 peak of 0.3111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 319,741 MKD

2011 Average 283,120 MKD

Yearly Trough Low 289,317 MKD

Transaction Impact: A difference of 30,424.23 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.3158

0.2914

JanuMarcMayJulySeptNove

NGN 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 0.2975, compared to 0.3060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.2975

H2 Avg (Jul–Dec) 0.3060

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0201 MKD (High: 0.3194 / Low: 0.2993). On the other end, November was the most stable month, with a tight range of 0.0037 MKD (High: 0.3050 / Low: 0.3012).

July Spread (Volatile) ±0.0201

November Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.0060 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 0.3138) against the same month in 2011 (average: 0.2788), the exchange rate shifted by +0.0350 (+12.56%).

2012 Avg (August) 0.3138

2011 Avg (August) 0.2788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2999	0.2893	0.2952
February	0.2987	0.2896	0.2934
March	0.2985	0.2926	0.2952
April	0.2987	0.2926	0.2965
May	0.3078	0.2948	0.3026
June	0.3070	0.2991	0.3022
July	0.3194	0.2993	0.3082
August	0.3197	0.3072	0.3138
September	0.3143	0.2996	0.3078
October	0.3064	0.2999	0.3025
November	0.3050	0.3012	0.3034
December	0.3028	0.2983	0.3004