2013 DJF to MKD Historical Review

YEARLY HIGH

0.2724 MKD

YEARLY LOW

0.2492 MKD

YEARLY AVERAGE

0.2622 MKD

2013 DJF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the DJF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.2724. Conversely, the yearly low was recorded on November 4, dropping to 0.2492.

This high-to-low spread represents a total annual volatility of 0.0232 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2656 to the December average rate of 0.2525, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.2724 was down 4.39% compared to the 2012 peak of 0.2849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,362 MKD

2012 Average 1,344 MKD

Yearly Trough Low 1,246 MKD

Transaction Impact: A difference of 115.85 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.2693

0.2509

JanuMarcMayJulySeptNove

DJF 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 0.2662, compared to 0.2581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.2662

H2 Avg (Jul–Dec) 0.2581

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0120 MKD (High: 0.2706 / Low: 0.2586). On the other end, January was the most stable month, with a tight range of 0.0012 MKD (High: 0.2663 / Low: 0.2651).

June Spread (Volatile) ±0.0120

January Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and May, 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 September and October, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 0.2673) against the same month in 2012 (average: 0.2610), the exchange rate shifted by +0.0063 (+2.43%).

2013 Avg (April) 0.2673

2012 Avg (April) 0.2610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2663	0.2651	0.2656
February	0.2662	0.2630	0.2653
March	0.2706	0.2636	0.2671
April	0.2724	0.2648	0.2673
May	0.2707	0.2647	0.2677
June	0.2706	0.2586	0.2640
July	0.2710	0.2611	0.2649
August	0.2633	0.2589	0.2609
September	0.2645	0.2564	0.2600
October	0.2576	0.2510	0.2544
November	0.2590	0.2492	0.2561
December	0.2560	0.2500	0.2525