2011 TWD to MKD Historical Review

YEARLY HIGH

1.6256 MKD

YEARLY LOW

1.4406 MKD

YEARLY AVERAGE

1.5013 MKD

2011 TWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.6256. Conversely, the yearly low was recorded on May 1, dropping to 1.4406.

This high-to-low spread represents a total annual volatility of 0.1850 MKD. From a start-to-finish perspective, comparing the January average rate of 1.5775 to the December average rate of 1.5393, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.6256 was up 2.10% compared to the 2010 peak of 1.5922, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,128 MKD

2010 Average 7,353 MKD

Yearly Trough Low 7,203 MKD

Transaction Impact: A difference of 925.00 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.5888

1.4532

JanuMarcMayJulySeptNove

TWD 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 1.5049, compared to 1.4977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 1.5049

H2 Avg (Jul–Dec) 1.4977

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0859 MKD (High: 1.6256 / Low: 1.5397). On the other end, August was the most stable month, with a tight range of 0.0408 MKD (High: 1.5002 / Low: 1.4594).

January Spread (Volatile) ±0.0859

August Spread (Stable) ±0.0408

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0486 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.5775) against the same month in 2010 (average: 1.3487), the exchange rate shifted by +0.2288 (+16.97%).

2011 Avg (January) 1.5775

2010 Avg (January) 1.3487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6256	1.5397	1.5775
February	1.5615	1.4909	1.5346
March	1.5069	1.4608	1.4860
April	1.4835	1.4406	1.4645
May	1.5156	1.4406	1.4871
June	1.5044	1.4583	1.4798
July	1.5221	1.4714	1.4909
August	1.5002	1.4594	1.4778
September	1.5328	1.4791	1.5014
October	1.5184	1.4512	1.4778
November	1.5235	1.4745	1.4988
December	1.5739	1.5053	1.5393