2013 GMD to MKD Historical Review

YEARLY HIGH

1.4785 MKD

YEARLY LOW

1.1741 MKD

YEARLY AVERAGE

1.3783 MKD

2013 GMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 1.4785. Conversely, the yearly low was recorded on December 29, dropping to 1.1741.

This high-to-low spread represents a total annual volatility of 0.3043 MKD. From a start-to-finish perspective, comparing the January average rate of 1.4103 to the December average rate of 1.1856, the exchange rate registered a net change of -15.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.4785 was down 10.87% compared to the 2012 peak of 1.6588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,392 MKD

2012 Average 7,714 MKD

Yearly Trough Low 5,871 MKD

Transaction Impact: A difference of 1,521.69 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.4553

1.1611

JanuMarcMayJulySeptNove

GMD 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 1.3992, compared to 1.3573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0419 points.

H1 Avg (Jan–Jun) 1.3992

H2 Avg (Jul–Dec) 1.3573

Volatility Range Comparison

Volatility

The most volatile month in 2013 was November, with a trading range of 0.2089 MKD (High: 1.4042 / Low: 1.1953). On the other end, October was the most stable month, with a tight range of 0.0333 MKD (High: 1.3985 / Low: 1.3652).

November Spread (Volatile) ±0.2089

October Spread (Stable) ±0.0333

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.1364 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2013: 1.4308) against the same month in 2012 (average: 1.5813), the exchange rate shifted by -0.1505 (-9.51%).

2013 Avg (July) 1.4308

2012 Avg (July) 1.5813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4551	1.3784	1.4103
February	1.4312	1.3834	1.4110
March	1.4532	1.3985	1.4232
April	1.4589	1.4082	1.4307
May	1.4516	1.3581	1.4211
June	1.4181	1.2576	1.2991
July	1.4785	1.3066	1.4308
August	1.4320	1.3151	1.4094
September	1.4449	1.3849	1.4161
October	1.3985	1.3652	1.3801
November	1.4042	1.1953	1.3220
December	1.2107	1.1741	1.1856