2013 AFN to MKD Historical Review

YEARLY HIGH

0.9231 MKD

YEARLY LOW

0.7693 MKD

YEARLY AVERAGE

0.8516 MKD

2013 AFN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the AFN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.9231. Conversely, the yearly low was recorded on December 10, dropping to 0.7693.

This high-to-low spread represents a total annual volatility of 0.1538 MKD. From a start-to-finish perspective, comparing the January average rate of 0.9171 to the December average rate of 0.7884, the exchange rate registered a net change of -14.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9231 was down 12.09% compared to the 2012 peak of 1.0500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,615 MKD

2012 Average 4,891 MKD

Yearly Trough Low 3,847 MKD

Transaction Impact: A difference of 768.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9300

0.7755

JanuMarcMayJulySeptNove

AFN 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 0.8912, compared to 0.8120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0791 points.

H1 Avg (Jan–Jun) 0.8912

H2 Avg (Jul–Dec) 0.8120

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0496 MKD (High: 0.8871 / Low: 0.8375). On the other end, January was the most stable month, with a tight range of 0.0109 MKD (High: 0.9231 / Low: 0.9122).

June Spread (Volatile) ±0.0496

January Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0290 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0290

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.9171) against the same month in 2012 (average: 1.0326), the exchange rate shifted by -0.1155 (-11.19%).

2013 Avg (January) 0.9171

2012 Avg (January) 1.0326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9231	0.9122	0.9171
February	0.9210	0.8952	0.9098
March	0.9042	0.8809	0.8925
April	0.9103	0.8753	0.8864
May	0.8926	0.8751	0.8851
June	0.8871	0.8375	0.8561
July	0.8635	0.8267	0.8406
August	0.8354	0.8198	0.8277
September	0.8362	0.8033	0.8232
October	0.8147	0.7817	0.7981
November	0.8066	0.7750	0.7942
December	0.8170	0.7693	0.7884