2011 UYU to MKD Historical Review

YEARLY HIGH

2.3997 MKD

YEARLY LOW

2.1907 MKD

YEARLY AVERAGE

2.2970 MKD

2011 UYU to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the UYU to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.3997. Conversely, the yearly low was recorded on May 1, dropping to 2.1907.

This high-to-low spread represents a total annual volatility of 0.2090 MKD. From a start-to-finish perspective, comparing the January average rate of 2.3139 to the December average rate of 2.3485, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.3997 was down 10.10% compared to the 2010 peak of 2.6694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,998 MKD

2010 Average 11,596 MKD

Yearly Trough Low 10,954 MKD

Transaction Impact: A difference of 1,044.85 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.3593

2.2298

JanuMarcMayJulySeptNove

UYU 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 2.2864, compared to 2.3077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0213 points.

H1 Avg (Jan–Jun) 2.2864

H2 Avg (Jul–Dec) 2.3077

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.1436 MKD (High: 2.3344 / Low: 2.1907). On the other end, March was the most stable month, with a tight range of 0.0617 MKD (High: 2.3055 / Low: 2.2438).

May Spread (Volatile) ±0.1436

March Spread (Stable) ±0.0617

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 September and October, when the average rate fell by 0.0615 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0615

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.3485) against the same month in 2010 (average: 2.3386), the exchange rate shifted by +0.0099 (+0.42%).

2011 Avg (December) 2.3485

2010 Avg (December) 2.3386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3839	2.2653	2.3139
February	2.3354	2.2625	2.3026
March	2.3055	2.2438	2.2715
April	2.2742	2.1907	2.2406
May	2.3344	2.1907	2.2784
June	2.3641	2.2759	2.3113
July	2.3748	2.2997	2.3353
August	2.3667	2.2643	2.3001
September	2.3549	2.2429	2.3138
October	2.3077	2.2189	2.2523
November	2.3452	2.2560	2.2961
December	2.3997	2.3088	2.3485