2011 GNF to MKD Historical Review

YEARLY HIGH

0.0069 MKD

YEARLY LOW

0.0058 MKD

YEARLY AVERAGE

0.0064 MKD

2011 GNF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0069. Conversely, the yearly low was recorded on May 4, dropping to 0.0058.

This high-to-low spread represents a total annual volatility of 0.0012 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0067, the exchange rate registered a net change of 5.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0069 was down 31.71% compared to the 2010 peak of 0.0102, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 MKD

2010 Average 42 MKD

Yearly Trough Low 29 MKD

Transaction Impact: A difference of 5.91 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0068

0.0059

JanuMarcMayJulySeptNove

GNF 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 0.0062, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0062

H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0009 MKD (High: 0.0068 / Low: 0.0059). On the other end, July was the most stable month, with a tight range of 0.0002 MKD (High: 0.0066 / Low: 0.0063).

January Spread (Volatile) ±0.0009

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0066) against the same month in 2010 (average: 0.0065), the exchange rate shifted by +0.0002 (+2.41%).

2011 Avg (October) 0.0066

2010 Avg (October) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0068	0.0059	0.0064
February	0.0062	0.0058	0.0061
March	0.0063	0.0058	0.0061
April	0.0061	0.0059	0.0060
May	0.0065	0.0058	0.0061
June	0.0065	0.0063	0.0064
July	0.0066	0.0063	0.0064
August	0.0065	0.0060	0.0064
September	0.0069	0.0065	0.0067
October	0.0069	0.0063	0.0066
November	0.0068	0.0065	0.0067
December	0.0069	0.0065	0.0067

2011 GNF నుండి MKD చారిత్రక సమీక్ష