2011 SRD to MKD Historical Review

YEARLY HIGH

17.5178 MKD

YEARLY LOW

12.5897 MKD

YEARLY AVERAGE

13.7244 MKD

2011 SRD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SRD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 17.5178. Conversely, the yearly low was recorded on May 4, dropping to 12.5897.

This high-to-low spread represents a total annual volatility of 4.9281 MKD. From a start-to-finish perspective, comparing the January average rate of 16.5715 to the December average rate of 14.2581, the exchange rate registered a net change of -13.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 17.5178 was down 7.44% compared to the 2010 peak of 18.9265, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87,589 MKD

2010 Average 85,079 MKD

Yearly Trough Low 62,948 MKD

Transaction Impact: A difference of 24,640.44 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

16.9289

12.6403

JanuMarcMayJulySeptNove

SRD 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 13.8145, compared to 13.6344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1800 points.

H1 Avg (Jan–Jun) 13.8145

H2 Avg (Jul–Dec) 13.6344

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 3.8315 MKD (High: 17.5178 / Low: 13.6863). On the other end, February was the most stable month, with a tight range of 0.3959 MKD (High: 13.9402 / Low: 13.5443).

January Spread (Volatile) ±3.8315

February Spread (Stable) ±0.3959

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 January and February, when the average rate fell by 2.8274 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.8274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 16.5715) against the same month in 2010 (average: 15.8553), the exchange rate shifted by +0.7161 (+4.52%).

2011 Avg (January) 16.5715

2010 Avg (January) 15.8553

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.5178	13.6863	16.5715
February	13.9402	13.5443	13.7440
March	13.6532	13.1896	13.4060
April	13.3515	12.6092	12.9977
May	13.4675	12.5897	13.0890
June	13.4072	12.7888	13.0786
July	13.4329	12.9687	13.1700
August	13.2527	12.7893	13.1099
September	14.0617	13.1164	13.6652
October	14.2172	13.3420	13.7198
November	14.2699	13.5723	13.8834
December	14.6025	13.8937	14.2581