2012 SYP to MKD Historical Review

YEARLY HIGH

0.9167 MKD

YEARLY LOW

0.6630 MKD

YEARLY AVERAGE

0.7642 MKD

2012 SYP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SYP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.9167. Conversely, the yearly low was recorded on December 6, dropping to 0.6630.

This high-to-low spread represents a total annual volatility of 0.2537 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8784 to the December average rate of 0.6651, the exchange rate registered a net change of -24.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.9167 was down 9.58% compared to the 2011 peak of 1.0139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,584 MKD

2011 Average 4,593 MKD

Yearly Trough Low 3,315 MKD

Transaction Impact: A difference of 1,268.40 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.8998

0.6437

JanuMarcMayJulySeptNove

SYP 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 0.8130, compared to 0.7154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0976 points.

H1 Avg (Jan–Jun) 0.8130

H2 Avg (Jul–Dec) 0.7154

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.1049 MKD (High: 0.9167 / Low: 0.8119). On the other end, December was the most stable month, with a tight range of 0.0045 MKD (High: 0.6675 / Low: 0.6630).

January Spread (Volatile) ±0.1049

December Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0680 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0680

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.8784) against the same month in 2011 (average: 0.9818), the exchange rate shifted by -0.1034 (-10.53%).

2012 Avg (January) 0.8784

2011 Avg (January) 0.9818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9167	0.8119	0.8784
February	0.8230	0.7976	0.8104
March	0.8199	0.8026	0.8105
April	0.8199	0.8026	0.8132
May	0.8154	0.7660	0.7967
June	0.7739	0.7638	0.7685
July	0.7833	0.7599	0.7716
August	0.7712	0.7342	0.7590
September	0.7414	0.6995	0.7229
October	0.7039	0.6838	0.6940
November	0.6875	0.6679	0.6796
December	0.6675	0.6630	0.6651