2012 RON to MKD Historical Review

YEARLY HIGH

14.3629 MKD

YEARLY LOW

13.1146 MKD

YEARLY AVERAGE

13.8183 MKD

2012 RON to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the RON to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 14.3629. Conversely, the yearly low was recorded on July 23, dropping to 13.1146.

This high-to-low spread represents a total annual volatility of 1.2484 MKD. From a start-to-finish perspective, comparing the January average rate of 14.1557 to the December average rate of 13.8197, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 14.3629 was down 4.68% compared to the 2011 peak of 15.0687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,815 MKD

2011 Average 72,428 MKD

Yearly Trough Low 65,573 MKD

Transaction Impact: A difference of 6,241.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

14.2294

13.3453

JanuMarcMayJulySeptNove

RON 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 13.9986, compared to 13.6380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3605 points.

H1 Avg (Jan–Jun) 13.9986

H2 Avg (Jul–Dec) 13.6380

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.8434 MKD (High: 14.3629 / Low: 13.5195). On the other end, February was the most stable month, with a tight range of 0.0831 MKD (High: 14.1808 / Low: 14.0977).

September Spread (Volatile) ±0.8434

February Spread (Stable) ±0.0831

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.3465 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 13.8666) against the same month in 2011 (average: 14.3329), the exchange rate shifted by -0.4662 (-3.25%).

2012 Avg (September) 13.8666

2011 Avg (September) 14.3329

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.2338	13.9911	14.1557
February	14.1808	14.0977	14.1391
March	14.1287	14.0070	14.0758
April	14.0952	13.9133	14.0334
May	13.9543	13.6156	13.8220
June	13.9069	13.6296	13.7654
July	13.9049	13.1146	13.4190
August	13.9982	13.2512	13.6618
September	14.3629	13.5195	13.8666
October	13.6828	13.4120	13.5258
November	13.6766	13.4063	13.5353
December	14.1350	13.4615	13.8197