2010 VEF to MKD Historical Review

YEARLY HIGH

20.0220 MKD

YEARLY LOW

9.6767 MKD

YEARLY AVERAGE

11.0549 MKD

2010 VEF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the VEF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 20.0220. Conversely, the yearly low was recorded on January 11, dropping to 9.6767.

This high-to-low spread represents a total annual volatility of 10.3454 MKD. From a start-to-finish perspective, comparing the January average rate of 13.2178 to the December average rate of 10.8060, the exchange rate registered a net change of -18.25% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 100,110 MKD

Yearly Average 55,275 MKD

Yearly Trough Low 48,383 MKD

Transaction Impact: A difference of 51,726.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

13.5118

9.9837

JanuMarcMayJulySeptNove

VEF 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 11.3154, compared to 10.7945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5208 points.

H1 Avg (Jan–Jun) 11.3154

H2 Avg (Jul–Dec) 10.7945

Volatility Range Comparison

Volatility

The most volatile month in 2010 was January, with a trading range of 10.3454 MKD (High: 20.0220 / Low: 9.6767). On the other end, April was the most stable month, with a tight range of 0.2932 MKD (High: 10.7879 / Low: 10.4947).

January Spread (Volatile) ±10.3454

April Spread (Stable) ±0.2932

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.7592 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.7592

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 13.2178.

2010 Avg (January) 13.2178

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.0220	9.6767	13.2178
February	10.5928	10.2178	10.4586
March	10.7127	10.3674	10.5295
April	10.7879	10.4947	10.6484
May	11.6899	10.7178	11.3378
June	11.9650	11.5314	11.7000
July	11.6442	10.9332	11.1898
August	11.3302	10.7814	11.0860
September	11.2535	10.4693	10.9496
October	10.4258	10.1290	10.2777
November	10.9929	10.0313	10.4580
December	10.9374	10.6353	10.8060