2011 SOS to MKD Historical Review

YEARLY HIGH

0.0296 MKD

YEARLY LOW

0.0258 MKD

YEARLY AVERAGE

0.0273 MKD

2011 SOS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SOS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0296. Conversely, the yearly low was recorded on May 4, dropping to 0.0258.

This high-to-low spread represents a total annual volatility of 0.0039 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0287 to the December average rate of 0.0287, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0296 was down 10.63% compared to the 2010 peak of 0.0332, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148 MKD

2010 Average 149 MKD

Yearly Trough Low 129 MKD

Transaction Impact: A difference of 19.28 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0290

0.0260

JanuMarcMayJulySeptNove

SOS 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 0.0273, compared to 0.0274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0273

H2 Avg (Jul–Dec) 0.0274

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0018 MKD (High: 0.0286 / Low: 0.0268). On the other end, August was the most stable month, with a tight range of 0.0007 MKD (High: 0.0265 / Low: 0.0259).

October Spread (Volatile) ±0.0018

August Spread (Stable) ±0.0007

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 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0287) against the same month in 2010 (average: 0.0288), the exchange rate shifted by -0.0001 (-0.48%).

2011 Avg (January) 0.0287

2010 Avg (January) 0.0288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0296	0.0280	0.0287
February	0.0285	0.0276	0.0281
March	0.0278	0.0269	0.0274
April	0.0271	0.0258	0.0265
May	0.0274	0.0258	0.0267
June	0.0271	0.0259	0.0265
July	0.0275	0.0259	0.0264
August	0.0265	0.0259	0.0262
September	0.0281	0.0264	0.0274
October	0.0286	0.0268	0.0276
November	0.0286	0.0273	0.0279
December	0.0292	0.0280	0.0287