2011 MKD to GNF Historical Review

YEARLY HIGH

173.4297 GNF

YEARLY LOW

143.9123 GNF

YEARLY AVERAGE

156.8638 GNF

2011 MKD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 173.4297. Conversely, the yearly low was recorded on October 4, dropping to 143.9123.

This high-to-low spread represents a total annual volatility of 29.5174 GNF. From a start-to-finish perspective, comparing the January average rate of 157.3476 to the December average rate of 148.7287, the exchange rate registered a net change of -5.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 173.4297 was up 8.27% compared to the 2010 peak of 160.1766, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 867,148 GNF

2010 Average 604,275 GNF

Yearly Trough Low 719,561 GNF

Transaction Impact: A difference of 147,586.96 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

168.0599

146.4145

JanuMarcMayJulySeptNove

MKD to GNF 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 162.0205, compared to 151.7072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.3133 points.

H1 Avg (Jan–Jun) 162.0205

H2 Avg (Jul–Dec) 151.7072

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 23.1836 GNF (High: 169.8325 / Low: 146.6490). On the other end, July was the most stable month, with a tight range of 5.9311 GNF (High: 158.2589 / Low: 152.3278).

January Spread (Volatile) ±23.1836

July Spread (Stable) ±5.9311

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 8.6984 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -8.6984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 165.2166) against the same month in 2010 (average: 103.2083), the exchange rate shifted by +62.0083 (+60.08%).

2011 Avg (May) 165.2166

2010 Avg (May) 103.2083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	169.8325	146.6490	157.3476
February	171.2758	160.3422	163.8537
March	172.4323	158.2242	162.7304
April	170.7007	162.7105	166.2561
May	173.4297	153.8924	165.2166
June	159.7874	153.5845	156.7185
July	158.2589	152.3278	155.5362
August	165.8233	153.4004	156.9167
September	153.6053	144.9847	148.2183
October	158.1602	143.9123	151.0267
November	153.8846	146.4445	149.8163
December	153.2401	145.1258	148.7287

2011 MKD నుండి GNF చారిత్రక సమీక్ష