2010 ZAR to MKD Historical Review

YEARLY HIGH

7.0024 MKD

YEARLY LOW

5.6901 MKD

YEARLY AVERAGE

6.3362 MKD

2010 ZAR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ZAR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 7.0024. Conversely, the yearly low was recorded on January 12, dropping to 5.6901.

This high-to-low spread represents a total annual volatility of 1.3123 MKD. From a start-to-finish perspective, comparing the January average rate of 5.7624 to the December average rate of 6.8091, the exchange rate registered a net change of 18.16% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 350,121 MKD

Yearly Average 316,810 MKD

Yearly Trough Low 284,504 MKD

Transaction Impact: A difference of 65,616.77 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

6.9138

5.6577

JanuMarcMayJulySeptNove

ZAR 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 6.1503, compared to 6.5221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3719 points.

H1 Avg (Jan–Jun) 6.1503

H2 Avg (Jul–Dec) 6.5221

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.3422 MKD (High: 6.6377 / Low: 6.2955). On the other end, June was the most stable month, with a tight range of 0.0896 MKD (High: 6.6291 / Low: 6.5395).

November Spread (Volatile) ±0.3422

June Spread (Stable) ±0.0896

Growth Streaks & Declines

Trends

Between January and June, 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 September and October, when the average rate fell by 0.2111 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2111

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 6.8091.

2010 Avg (December) 6.8091

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5.8380	5.6901	5.7624
February	5.9300	5.7791	5.8500
March	6.2420	5.9206	6.1047
April	6.3323	6.1110	6.2255
May	6.5665	6.2392	6.3865
June	6.6291	6.5395	6.5725
July	6.4946	6.1953	6.3762
August	6.6051	6.3750	6.5236
September	6.7254	6.4450	6.5972
October	6.4485	6.3027	6.3861
November	6.6377	6.2955	6.4405
December	7.0024	6.6700	6.8091