2011 SGD to MKD Historical Review

YEARLY HIGH

36.6686 MKD

YEARLY LOW

33.5068 MKD

YEARLY AVERAGE

35.1034 MKD

2011 SGD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SGD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 36.6686. Conversely, the yearly low was recorded on May 5, dropping to 33.5068.

This high-to-low spread represents a total annual volatility of 3.1618 MKD. From a start-to-finish perspective, comparing the January average rate of 35.6928 to the December average rate of 35.9726, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 36.6686 was up 1.02% compared to the 2010 peak of 36.3001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,343 MKD

2010 Average 170,149 MKD

Yearly Trough Low 167,534 MKD

Transaction Impact: A difference of 15,809.06 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

36.1633

33.8748

JanuMarcMayJulySeptNove

SGD 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 34.7796, compared to 35.4273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6477 points.

H1 Avg (Jan–Jun) 34.7796

H2 Avg (Jul–Dec) 35.4273

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.7449 MKD (High: 36.6686 / Low: 34.9237). On the other end, April was the most stable month, with a tight range of 0.7225 MKD (High: 34.4426 / Low: 33.7201).

January Spread (Volatile) ±1.7449

April Spread (Stable) ±0.7225

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6685 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6685

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 35.6928) against the same month in 2010 (average: 30.7820), the exchange rate shifted by +4.9107 (+15.95%).

2011 Avg (January) 35.6928

2010 Avg (January) 30.7820

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.6686	34.9237	35.6928
February	35.6149	34.8868	35.2410
March	35.0575	34.0802	34.5725
April	34.4426	33.7201	34.0655
May	35.0557	33.5068	34.5307
June	35.0769	34.0788	34.5752
July	35.8652	34.5053	35.3403
August	35.9284	35.1035	35.3999
September	36.4007	34.8293	35.6570
October	35.4929	34.6882	35.0535
November	35.7969	34.8486	35.1404
December	36.6315	35.4584	35.9726