2012 RUB to MKD Historical Review

YEARLY HIGH

1.6140 MKD

YEARLY LOW

1.4578 MKD

YEARLY AVERAGE

1.5432 MKD

2012 RUB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the RUB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 1.6140. Conversely, the yearly low was recorded on June 1, dropping to 1.4578.

This high-to-low spread represents a total annual volatility of 0.1561 MKD. From a start-to-finish perspective, comparing the January average rate of 1.5193 to the December average rate of 1.5370, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.6140 was up 2.57% compared to the 2011 peak of 1.5735, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,070 MKD

2011 Average 7,511 MKD

Yearly Trough Low 7,289 MKD

Transaction Impact: A difference of 780.66 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.5958

1.4813

JanuMarcMayJulySeptNove

RUB 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 1.5490, compared to 1.5375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 1.5490

H2 Avg (Jul–Dec) 1.5375

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1068 MKD (High: 1.5823 / Low: 1.4755). On the other end, April was the most stable month, with a tight range of 0.0162 MKD (High: 1.5907 / Low: 1.5746).

May Spread (Volatile) ±0.1068

April Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0630 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 1.5456) against the same month in 2011 (average: 1.4528), the exchange rate shifted by +0.0929 (+6.39%).

2012 Avg (September) 1.5456

2011 Avg (September) 1.4528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5510	1.4764	1.5193
February	1.5782	1.5454	1.5598
March	1.6002	1.5653	1.5862
April	1.5907	1.5746	1.5838
May	1.5823	1.4755	1.5538
June	1.5212	1.4578	1.4908
July	1.5682	1.4913	1.5317
August	1.5756	1.5120	1.5594
September	1.6140	1.5142	1.5456
October	1.5424	1.5104	1.5289
November	1.5391	1.5079	1.5221
December	1.5546	1.5270	1.5370