2013 GIP to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GIP to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GIP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 76.6801. Conversely, the yearly low was recorded on August 1, dropping to 70.4104.
This high-to-low spread represents a total annual volatility of 6.2698 MKD. From a start-to-finish perspective, comparing the January average rate of 75.2912 to the December average rate of 73.6382, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 76.6801 was down 4.41% compared to the 2012 peak of 80.2186, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
GIP to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 73.8649, compared to 72.6588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2061 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was April, with a trading range of 5.0522 MKD (High: 76.6801 / Low: 71.6279). On the other end, May was the most stable month, with a tight range of 1.4521 MKD (High: 73.3612 / Low: 71.9092).
Growth Streaks & Declines
TrendsBetween July and September, 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 March and April, when the average rate fell by 3.0215 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2013: 72.6804) against the same month in 2012 (average: 74.6993), the exchange rate shifted by -2.0189 (-2.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.0783 | 74.5657 | 75.2912 |
| February | 75.2462 | 73.4699 | 74.3586 |
| March | 76.6235 | 74.7484 | 75.7019 |
| April | 76.6801 | 71.6279 | 72.6804 |
| May | 73.3612 | 71.9092 | 72.6697 |
| June | 73.6970 | 71.5148 | 72.4877 |
| July | 72.6491 | 70.4977 | 71.4193 |
| August | 72.4581 | 70.4104 | 71.7941 |
| September | 74.1168 | 72.0369 | 73.3058 |
| October | 73.7642 | 71.6366 | 72.5557 |
| November | 74.4722 | 70.5898 | 73.2396 |
| December | 74.4914 | 72.9573 | 73.6382 |