2012 VUV to MKD Historical Review

YEARLY HIGH

0.5569 MKD

YEARLY LOW

0.5051 MKD

YEARLY AVERAGE

0.5247 MKD

2012 VUV to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VUV to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.5569. Conversely, the yearly low was recorded on June 13, dropping to 0.5051.

This high-to-low spread represents a total annual volatility of 0.0518 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5170 to the December average rate of 0.5192, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.5569 was up 9.24% compared to the 2011 peak of 0.5098, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,785 MKD

2011 Average 2,423 MKD

Yearly Trough Low 2,526 MKD

Transaction Impact: A difference of 258.94 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.5470

0.5128

JanuMarcMayJulySeptNove

VUV 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 0.5195, compared to 0.5300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.5195

H2 Avg (Jul–Dec) 0.5300

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0324 MKD (High: 0.5515 / Low: 0.5191). On the other end, December was the most stable month, with a tight range of 0.0068 MKD (High: 0.5231 / Low: 0.5163).

September Spread (Volatile) ±0.0324

December Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between May and July, 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 September and October, when the average rate fell by 0.0128 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.5442) against the same month in 2011 (average: 0.4876), the exchange rate shifted by +0.0566 (+11.61%).

2012 Avg (July) 0.5442

2011 Avg (July) 0.4876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5236	0.5088	0.5170
February	0.5347	0.5091	0.5225
March	0.5314	0.5135	0.5215
April	0.5230	0.5094	0.5170
May	0.5189	0.5099	0.5157
June	0.5350	0.5051	0.5233
July	0.5569	0.5271	0.5442
August	0.5494	0.5317	0.5436
September	0.5515	0.5191	0.5325
October	0.5252	0.5160	0.5197
November	0.5243	0.5158	0.5206
December	0.5231	0.5163	0.5192