YEARLY HIGH
25.1222 MKD
YEARLY LOW
18.7851 MKD
YEARLY AVERAGE
22.6565 MKD

2013 GHS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GHS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 25.1222. Conversely, the yearly low was recorded on December 29, dropping to 18.7851.

This high-to-low spread represents a total annual volatility of 6.3372 MKD. From a start-to-finish perspective, comparing the January average rate of 24.7817 to the December average rate of 19.3452, the exchange rate registered a net change of -21.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 25.1222 was down 13.60% compared to the 2012 peak of 29.0751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 125,611 MKD
2012 Average 129,650 MKD
Yearly Trough Low 93,925 MKD
Transaction Impact: A difference of 31,685.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

25.3253
18.8015
JanuMarcMayJulySeptNove

GHS 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 24.2527, compared to 21.0604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1923 points.

H1 Avg (Jan–Jun) 24.2527
H2 Avg (Jul–Dec) 21.0604

Volatility Range Comparison

Volatility

The most volatile month in 2013 was July, with a trading range of 1.4687 MKD (High: 23.7482 / Low: 22.2795). On the other end, March was the most stable month, with a tight range of 0.3942 MKD (High: 24.7558 / Low: 24.3616).

July Spread (Volatile) ±1.4687
March Spread (Stable) ±0.3942

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 July and August, when the average rate fell by 1.0279 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -1.0279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 24.7817) against the same month in 2012 (average: 28.1824), the exchange rate shifted by -3.4007 (-12.07%).

2013 Avg (January) 24.7817
2012 Avg (January) 28.1824

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.1222 24.6100 24.7817
February 24.8464 24.3504 24.6684
March 24.7558 24.3616 24.5348
April 24.9353 23.9144 24.2911
May 24.1063 23.6888 23.9066
June 24.0785 22.8670 23.3334
July 23.7482 22.2795 22.9594
August 22.5181 21.4483 21.9314
September 21.7298 20.9145 21.2932
October 20.9380 20.1816 20.6141
November 20.6244 19.8219 20.2190
December 19.9879 18.7851 19.3452