2012 TOP to MKD Historical Review

YEARLY HIGH

28.8231 MKD

YEARLY LOW

26.8252 MKD

YEARLY AVERAGE

27.5668 MKD

2012 TOP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 28.8231. Conversely, the yearly low was recorded on May 22, dropping to 26.8252.

This high-to-low spread represents a total annual volatility of 1.9979 MKD. From a start-to-finish perspective, comparing the January average rate of 27.3552 to the December average rate of 27.1385, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 28.8231 was up 4.94% compared to the 2011 peak of 27.4673, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 144,116 MKD

2011 Average 125,901 MKD

Yearly Trough Low 134,126 MKD

Transaction Impact: A difference of 9,989.57 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

28.5835

27.0071

JanuMarcMayJulySeptNove

TOP 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 27.4307, compared to 27.7028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2722 points.

H1 Avg (Jan–Jun) 27.4307

H2 Avg (Jul–Dec) 27.7028

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 1.5497 MKD (High: 28.7498 / Low: 27.2001). On the other end, June was the most stable month, with a tight range of 0.3793 MKD (High: 27.6187 / Low: 27.2394).

July Spread (Volatile) ±1.5497

June Spread (Stable) ±0.3793

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.6056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 28.4521) against the same month in 2011 (average: 26.1459), the exchange rate shifted by +2.3062 (+8.82%).

2012 Avg (August) 28.4521

2011 Avg (August) 26.1459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.6710	26.8716	27.3552
February	27.9549	26.9547	27.4887
March	28.0404	27.2756	27.5877
April	27.6617	27.1408	27.4344
May	28.3006	26.8252	27.3089
June	27.6187	27.2394	27.4092
July	28.7498	27.2001	27.9664
August	28.8231	27.9888	28.4521
September	28.6962	27.1629	27.8465
October	27.8030	26.9685	27.3092
November	28.0209	26.8410	27.5043
December	27.2387	26.8366	27.1385

2012 TOP నుండి MKD చారిత్రక సమీక్ష