2011 ZMK to MKD Historical Review

YEARLY HIGH

0.0100 MKD

YEARLY LOW

0.0085 MKD

YEARLY AVERAGE

0.0091 MKD

2011 ZMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0100. Conversely, the yearly low was recorded on August 28, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0015 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0091, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0100 was down 0.91% compared to the 2010 peak of 0.0101, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50 MKD

2010 Average 48 MKD

Yearly Trough Low 42 MKD

Transaction Impact: A difference of 7.33 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0097

0.0086

JanuMarcMayJulySeptNove

ZMK 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 0.0092, compared to 0.0089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0092

H2 Avg (Jul–Dec) 0.0089

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0008 MKD (High: 0.0094 / Low: 0.0086). On the other end, November was the most stable month, with a tight range of 0.0002 MKD (High: 0.0091 / Low: 0.0089).

September Spread (Volatile) ±0.0008

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0096) against the same month in 2010 (average: 0.0095), the exchange rate shifted by +0.0001 (+1.45%).

2011 Avg (January) 0.0096

2010 Avg (January) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0100	0.0092	0.0096
February	0.0096	0.0092	0.0094
March	0.0094	0.0090	0.0092
April	0.0092	0.0088	0.0090
May	0.0092	0.0087	0.0090
June	0.0090	0.0087	0.0088
July	0.0090	0.0088	0.0089
August	0.0090	0.0085	0.0087
September	0.0094	0.0086	0.0090
October	0.0094	0.0088	0.0090
November	0.0091	0.0089	0.0090
December	0.0093	0.0089	0.0091