2011 SLL to MKD Historical Review

YEARLY HIGH

0.0113 MKD

YEARLY LOW

0.0095 MKD

YEARLY AVERAGE

0.0102 MKD

2011 SLL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SLL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0113. Conversely, the yearly low was recorded on April 28, dropping to 0.0095.

This high-to-low spread represents a total annual volatility of 0.0018 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0110 to the December average rate of 0.0107, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0113 was down 13.72% compared to the 2010 peak of 0.0131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57 MKD

2010 Average 59 MKD

Yearly Trough Low 48 MKD

Transaction Impact: A difference of 8.95 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0111

0.0097

JanuMarcMayJulySeptNove

SLL 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 0.0102, compared to 0.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0102

H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0007 MKD (High: 0.0107 / Low: 0.0100). On the other end, August was the most stable month, with a tight range of 0.0003 MKD (High: 0.0099 / Low: 0.0097).

November Spread (Volatile) ±0.0007

August Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0110) against the same month in 2010 (average: 0.0111), the exchange rate shifted by -0.0002 (-1.44%).

2011 Avg (January) 0.0110

2010 Avg (January) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0113	0.0106	0.0110
February	0.0108	0.0103	0.0106
March	0.0105	0.0100	0.0103
April	0.0101	0.0095	0.0098
May	0.0101	0.0095	0.0099
June	0.0102	0.0097	0.0099
July	0.0100	0.0097	0.0099
August	0.0099	0.0097	0.0098
September	0.0102	0.0098	0.0100
October	0.0104	0.0098	0.0100
November	0.0107	0.0100	0.0104
December	0.0110	0.0105	0.0107