2011 PLN to MKD Historical Review

YEARLY HIGH

15.9699 MKD

YEARLY LOW

13.3775 MKD

YEARLY AVERAGE

14.9353 MKD

2011 PLN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PLN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 15.9699. Conversely, the yearly low was recorded on December 14, dropping to 13.3775.

This high-to-low spread represents a total annual volatility of 2.5924 MKD. From a start-to-finish perspective, comparing the January average rate of 15.7580 to the December average rate of 13.7103, the exchange rate registered a net change of -12.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 15.9699 was down 0.20% compared to the 2010 peak of 16.0016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 319,398 MKD

2010 Average 307,298 MKD

Yearly Trough Low 267,550 MKD

Transaction Impact: A difference of 51,848.31 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

15.9628

13.5055

JanuMarcMayJulySeptNove

PLN 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 15.5274, compared to 14.3432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1842 points.

H1 Avg (Jan–Jun) 15.5274

H2 Avg (Jul–Dec) 14.3432

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.2100 MKD (High: 14.8073 / Low: 13.5973). On the other end, May was the most stable month, with a tight range of 0.3033 MKD (High: 15.7292 / Low: 15.4259).

September Spread (Volatile) ±1.2100

May Spread (Stable) ±0.3033

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.7275 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 15.7580) against the same month in 2010 (average: 15.0609), the exchange rate shifted by +0.6972 (+4.63%).

2011 Avg (January) 15.7580

2010 Avg (January) 15.0609

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.9699	15.4376	15.7580
February	15.8401	15.3507	15.6297
March	15.4473	15.0440	15.2766
April	15.6167	15.1900	15.4663
May	15.7292	15.4259	15.5712
June	15.6136	15.2906	15.4628
July	15.5743	15.1723	15.3717
August	15.4074	14.6699	14.8835
September	14.8073	13.5973	14.1559
October	14.2951	13.9246	14.0916
November	14.1211	13.5537	13.8462
December	13.9917	13.3775	13.7103