2013 ETB to MKD Historical Review

YEARLY HIGH

2.6132 MKD

YEARLY LOW

2.3179 MKD

YEARLY AVERAGE

2.4880 MKD

2013 ETB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ETB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 2.6132. Conversely, the yearly low was recorded on December 29, dropping to 2.3179.

This high-to-low spread represents a total annual volatility of 0.2953 MKD. From a start-to-finish perspective, comparing the January average rate of 2.5761 to the December average rate of 2.3540, the exchange rate registered a net change of -8.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.6132 was down 7.86% compared to the 2012 peak of 2.8361, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,066 MKD

2012 Average 13,487 MKD

Yearly Trough Low 11,589 MKD

Transaction Impact: A difference of 1,476.62 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.5983

2.3318

JanuMarcMayJulySeptNove

ETB 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 2.5524, compared to 2.4237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1288 points.

H1 Avg (Jan–Jun) 2.5524

H2 Avg (Jul–Dec) 2.4237

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.1231 MKD (High: 2.5774 / Low: 2.4543). On the other end, January was the most stable month, with a tight range of 0.0267 MKD (High: 2.5931 / Low: 2.5664).

June Spread (Volatile) ±0.1231

January Spread (Stable) ±0.0267

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 September and October, when the average rate fell by 0.0666 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 2.5561) against the same month in 2012 (average: 2.6721), the exchange rate shifted by -0.1160 (-4.34%).

2013 Avg (April) 2.5561

2012 Avg (April) 2.6721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5931	2.5664	2.5761
February	2.5677	2.5334	2.5589
March	2.6092	2.5325	2.5670
April	2.6132	2.5248	2.5561
May	2.5798	2.5232	2.5501
June	2.5774	2.4543	2.5065
July	2.5718	2.4705	2.5090
August	2.4853	2.4395	2.4613
September	2.4939	2.4070	2.4474
October	2.4214	2.3486	2.3809
November	2.4178	2.3286	2.3893
December	2.3843	2.3179	2.3540