2011 CDF to MKD Historical Review

YEARLY HIGH

0.0526 MKD

YEARLY LOW

0.0451 MKD

YEARLY AVERAGE

0.0484 MKD

2011 CDF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CDF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0526. Conversely, the yearly low was recorded on May 4, dropping to 0.0451.

This high-to-low spread represents a total annual volatility of 0.0076 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0507 to the December average rate of 0.0515, the exchange rate registered a net change of 1.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0526 was down 8.31% compared to the 2010 peak of 0.0574, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 263 MKD

2010 Average 259 MKD

Yearly Trough Low 225 MKD

Transaction Impact: A difference of 37.90 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0520

0.0461

JanuMarcMayJulySeptNove

CDF 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 0.0480, compared to 0.0488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0480

H2 Avg (Jul–Dec) 0.0488

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0033 MKD (High: 0.0506 / Low: 0.0473). On the other end, February was the most stable month, with a tight range of 0.0013 MKD (High: 0.0498 / Low: 0.0485).

October Spread (Volatile) ±0.0033

February Spread (Stable) ±0.0013

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 0.0015 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0515) against the same month in 2010 (average: 0.0516), the exchange rate shifted by -0.0001 (-0.24%).

2011 Avg (December) 0.0515

2010 Avg (December) 0.0516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0524	0.0490	0.0507
February	0.0498	0.0485	0.0491
March	0.0487	0.0473	0.0480
April	0.0478	0.0454	0.0466
May	0.0480	0.0451	0.0468
June	0.0480	0.0461	0.0470
July	0.0484	0.0462	0.0471
August	0.0479	0.0462	0.0470
September	0.0500	0.0468	0.0486
October	0.0506	0.0473	0.0488
November	0.0512	0.0487	0.0498
December	0.0526	0.0502	0.0515

2011 CDF నుండి MKD చారిత్రక సమీక్ష