2011 WST to MKD Historical Review

YEARLY HIGH

20.4800 MKD

YEARLY LOW

17.5401 MKD

YEARLY AVERAGE

19.0076 MKD

2011 WST to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the WST to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 20.4800. Conversely, the yearly low was recorded on April 27, dropping to 17.5401.

This high-to-low spread represents a total annual volatility of 2.9399 MKD. From a start-to-finish perspective, comparing the January average rate of 19.5338 to the December average rate of 19.4328, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 20.4800 was up 0.41% compared to the 2010 peak of 20.3964, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,400 MKD

2010 Average 92,432 MKD

Yearly Trough Low 87,701 MKD

Transaction Impact: A difference of 14,699.48 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

19.6677

18.0613

JanuMarcMayJulySeptNove

WST 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 18.7605, compared to 19.2546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4941 points.

H1 Avg (Jan–Jun) 18.7605

H2 Avg (Jul–Dec) 19.2546

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.9071 MKD (High: 20.4800 / Low: 18.5729). On the other end, February was the most stable month, with a tight range of 0.7508 MKD (High: 19.4844 / Low: 18.7336).

January Spread (Volatile) ±1.9071

February Spread (Stable) ±0.7508

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4552 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 19.5338) against the same month in 2010 (average: 16.7849), the exchange rate shifted by +2.7489 (+16.38%).

2011 Avg (January) 19.5338

2010 Avg (January) 16.7849

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.4800	18.5729	19.5338
February	19.4844	18.7336	19.0787
March	19.0438	18.1346	18.6493
April	18.6080	17.5401	18.1951
May	19.1106	17.6958	18.5316
June	18.9918	18.0633	18.5745
July	19.6124	18.5060	19.0702
August	20.0449	18.5937	19.1038
September	19.8674	18.9687	19.4730
October	19.8525	18.7051	19.1615
November	19.6965	18.8966	19.2866
December	19.7812	18.8740	19.4328