2013 BND to MKD Historical Review

YEARLY HIGH

39.0074 MKD

YEARLY LOW

35.0143 MKD

YEARLY AVERAGE

37.2113 MKD

2013 BND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 39.0074. Conversely, the yearly low was recorded on December 29, dropping to 35.0143.

This high-to-low spread represents a total annual volatility of 3.9931 MKD. From a start-to-finish perspective, comparing the January average rate of 38.4124 to the December average rate of 35.7000, the exchange rate registered a net change of -7.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 39.0074 was down 3.77% compared to the 2012 peak of 40.5337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 195,037 MKD

2012 Average 191,827 MKD

Yearly Trough Low 175,071 MKD

Transaction Impact: A difference of 19,965.39 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

38.6836

35.4288

JanuMarcMayJulySeptNove

BND 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 37.9930, compared to 36.4295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5636 points.

H1 Avg (Jan–Jun) 37.9930

H2 Avg (Jul–Dec) 36.4295

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.9555 MKD (High: 38.3595 / Low: 36.4040). On the other end, February was the most stable month, with a tight range of 0.4148 MKD (High: 38.1393 / Low: 37.7245).

June Spread (Volatile) ±1.9555

February Spread (Stable) ±0.4148

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.8514 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 38.2885) against the same month in 2012 (average: 37.3178), the exchange rate shifted by +0.9707 (+2.60%).

2013 Avg (April) 38.2885

2012 Avg (April) 37.3178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.6676	38.1008	38.4124
February	38.1393	37.7245	37.9917
March	38.6229	37.4628	38.0050
April	39.0074	37.9517	38.2885
May	38.3783	37.6928	38.0561
June	38.3595	36.4040	37.2047
July	37.9006	36.5794	37.1401
August	36.9323	35.9114	36.4241
September	36.9591	36.2655	36.5808
October	36.6428	35.9890	36.2839
November	36.9003	35.5793	36.4479
December	36.2084	35.0143	35.7000