2011 SDG to MKD Historical Review

YEARLY HIGH

19.0091 MKD

YEARLY LOW

15.3294 MKD

YEARLY AVERAGE

16.5831 MKD

2011 SDG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SDG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 19.0091. Conversely, the yearly low was recorded on April 6, dropping to 15.3294.

This high-to-low spread represents a total annual volatility of 3.6797 MKD. From a start-to-finish perspective, comparing the January average rate of 18.3589 to the December average rate of 17.4140, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 19.0091 was down 15.79% compared to the 2010 peak of 22.5738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,046 MKD

2010 Average 100,312 MKD

Yearly Trough Low 76,647 MKD

Transaction Impact: A difference of 18,398.55 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

18.6213

15.4722

JanuMarcMayJulySeptNove

SDG 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 16.5254, compared to 16.6408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1154 points.

H1 Avg (Jan–Jun) 16.5254

H2 Avg (Jul–Dec) 16.6408

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 1.3263 MKD (High: 17.8009 / Low: 16.4745). On the other end, August was the most stable month, with a tight range of 0.3794 MKD (High: 16.2032 / Low: 15.8238).

February Spread (Volatile) ±1.3263

August Spread (Stable) ±0.3794

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 February and March, when the average rate fell by 1.4915 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.4915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 18.3589) against the same month in 2010 (average: 19.2752), the exchange rate shifted by -0.9163 (-4.75%).

2011 Avg (January) 18.3589

2010 Avg (January) 19.2752

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.0091	17.8781	18.3589
February	17.8009	16.4745	17.3037
March	16.4388	15.4333	15.8121
April	16.0895	15.3294	15.7346
May	16.3838	15.4049	15.9845
June	16.3184	15.6484	15.9584
July	16.4082	15.8415	16.0730
August	16.2032	15.8238	16.0138
September	17.1067	16.0494	16.6626
October	17.3963	16.2319	16.7368
November	17.3600	16.6071	16.9445
December	17.8162	17.0005	17.4140