2013 GEL to MKD Historical Review

YEARLY HIGH

29.3803 MKD

YEARLY LOW

25.5111 MKD

YEARLY AVERAGE

27.9649 MKD

2013 GEL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GEL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 29.3803. Conversely, the yearly low was recorded on December 29, dropping to 25.5111.

This high-to-low spread represents a total annual volatility of 3.8692 MKD. From a start-to-finish perspective, comparing the January average rate of 28.4263 to the December average rate of 25.9534, the exchange rate registered a net change of -8.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 29.3803 was down 2.94% compared to the 2012 peak of 30.2694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,901 MKD

2012 Average 143,500 MKD

Yearly Trough Low 127,555 MKD

Transaction Impact: A difference of 19,346.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

29.2514

25.6536

JanuMarcMayJulySeptNove

GEL 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 28.5543, compared to 27.3754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1790 points.

H1 Avg (Jan–Jun) 28.5543

H2 Avg (Jul–Dec) 27.3754

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 1.3445 MKD (High: 26.8555 / Low: 25.5111). On the other end, February was the most stable month, with a tight range of 0.1328 MKD (High: 28.4832 / Low: 28.3504).

December Spread (Volatile) ±1.3445

February Spread (Stable) ±0.1328

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1223 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 28.9516) against the same month in 2012 (average: 29.4914), the exchange rate shifted by -0.5399 (-1.83%).

2013 Avg (May) 28.9516

2012 Avg (May) 29.4914

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.4907	28.3143	28.4263
February	28.4832	28.3504	28.4314
March	28.9165	28.2023	28.5590
April	29.1047	28.3652	28.6506
May	29.3803	28.5404	28.9516
June	29.1695	27.8731	28.3072
July	28.9241	28.0744	28.4378
August	28.1258	27.6943	27.8845
September	28.2202	27.3512	27.8116
October	27.3925	26.7121	27.0893
November	27.3934	26.4565	27.0757
December	26.8555	25.5111	25.9534