2011 XAF to MKD Historical Review

YEARLY HIGH

0.0952 MKD

YEARLY LOW

0.0892 MKD

YEARLY AVERAGE

0.0929 MKD

2011 XAF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the XAF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0952. Conversely, the yearly low was recorded on April 4, dropping to 0.0892.

This high-to-low spread represents a total annual volatility of 0.0060 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0921 to the December average rate of 0.0935, the exchange rate registered a net change of 1.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0952 was down 2.28% compared to the 2010 peak of 0.0974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 476 MKD

2010 Average 463 MKD

Yearly Trough Low 446 MKD

Transaction Impact: A difference of 30.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0940

0.0896

JanuMarcMayJulySeptNove

XAF 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 0.0922, compared to 0.0935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0922

H2 Avg (Jul–Dec) 0.0935

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0045 MKD (High: 0.0936 / Low: 0.0892). On the other end, June was the most stable month, with a tight range of 0.0002 MKD (High: 0.0937 / Low: 0.0935).

April Spread (Volatile) ±0.0045

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0933) against the same month in 2010 (average: 0.0903), the exchange rate shifted by +0.0030 (+3.33%).

2011 Avg (October) 0.0933

2010 Avg (October) 0.0903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0938	0.0909	0.0921
February	0.0919	0.0905	0.0911
March	0.0907	0.0892	0.0900
April	0.0936	0.0892	0.0930
May	0.0937	0.0934	0.0935
June	0.0937	0.0935	0.0936
July	0.0937	0.0934	0.0935
August	0.0940	0.0933	0.0936
September	0.0943	0.0930	0.0936
October	0.0952	0.0918	0.0933
November	0.0941	0.0929	0.0935
December	0.0939	0.0930	0.0935