2012 TND to MKD Historical Review

YEARLY HIGH

31.7651 MKD

YEARLY LOW

29.9786 MKD

YEARLY AVERAGE

30.6829 MKD

2012 TND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 31.7651. Conversely, the yearly low was recorded on December 9, dropping to 29.9786.

This high-to-low spread represents a total annual volatility of 1.7865 MKD. From a start-to-finish perspective, comparing the January average rate of 31.4902 to the December average rate of 30.2482, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 31.7651 was down 2.04% compared to the 2011 peak of 32.4261, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,825 MKD

2011 Average 156,817 MKD

Yearly Trough Low 149,893 MKD

Transaction Impact: A difference of 8,932.33 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

31.6221

30.0388

JanuMarcMayJulySeptNove

TND 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 30.8325, compared to 30.5332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2993 points.

H1 Avg (Jan–Jun) 30.8325

H2 Avg (Jul–Dec) 30.5332

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 1.5352 MKD (High: 31.6911 / Low: 30.1559). On the other end, November was the most stable month, with a tight range of 0.3073 MKD (High: 30.3421 / Low: 30.0348).

September Spread (Volatile) ±1.5352

November Spread (Stable) ±0.3073

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 January and February, when the average rate fell by 0.4922 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 31.4902) against the same month in 2011 (average: 31.9993), the exchange rate shifted by -0.5091 (-1.59%).

2012 Avg (January) 31.4902

2011 Avg (January) 31.9993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.7651	31.1077	31.4902
February	31.2769	30.6461	30.9980
March	31.0858	30.6904	30.8270
April	31.0511	30.1457	30.6181
May	30.6150	30.1879	30.4235
June	31.0026	30.3972	30.6383
July	31.2033	30.1168	30.7004
August	31.3351	30.5664	30.9190
September	31.6911	30.1559	30.8020
October	30.6227	30.1486	30.3591
November	30.3421	30.0348	30.1708
December	30.4819	29.9786	30.2482