2011 RWF to MKD Historical Review

YEARLY HIGH

0.0806 MKD

YEARLY LOW

0.0690 MKD

YEARLY AVERAGE

0.0739 MKD

2011 RWF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RWF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0806. Conversely, the yearly low was recorded on May 4, dropping to 0.0690.

This high-to-low spread represents a total annual volatility of 0.0117 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0773 to the December average rate of 0.0777, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0806 was down 8.85% compared to the 2010 peak of 0.0885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 403 MKD

2010 Average 398 MKD

Yearly Trough Low 345 MKD

Transaction Impact: A difference of 58.41 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0783

0.0705

JanuMarcMayJulySeptNove

RWF 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 0.0734, compared to 0.0745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0734

H2 Avg (Jul–Dec) 0.0745

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0060 MKD (High: 0.0806 / Low: 0.0746). On the other end, August was the most stable month, with a tight range of 0.0019 MKD (High: 0.0727 / Low: 0.0708).

January Spread (Volatile) ±0.0060

August Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0773) against the same month in 2010 (average: 0.0754), the exchange rate shifted by +0.0019 (+2.51%).

2011 Avg (January) 0.0773

2010 Avg (January) 0.0754

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0806	0.0746	0.0773
February	0.0763	0.0741	0.0753
March	0.0747	0.0723	0.0735
April	0.0728	0.0692	0.0711
May	0.0734	0.0690	0.0717
June	0.0730	0.0701	0.0715
July	0.0735	0.0709	0.0720
August	0.0727	0.0708	0.0718
September	0.0769	0.0719	0.0748
October	0.0782	0.0725	0.0750
November	0.0775	0.0742	0.0757
December	0.0795	0.0759	0.0777