2013 GNF to MKD Historical Review

YEARLY HIGH

0.0069 MKD

YEARLY LOW

0.0063 MKD

YEARLY AVERAGE

0.0066 MKD

2013 GNF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GNF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.0069. Conversely, the yearly low was recorded on November 4, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0006 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0065, the exchange rate registered a net change of -2.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0069 was down 3.12% compared to the 2012 peak of 0.0071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 MKD

2012 Average 34 MKD

Yearly Trough Low 31 MKD

Transaction Impact: A difference of 3.11 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0068

0.0064

JanuMarcMayJulySeptNove

GNF 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 0.0067, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0067

H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0003 MKD (High: 0.0069 / Low: 0.0066). On the other end, April was the most stable month, with a tight range of 0.0001 MKD (High: 0.0068 / Low: 0.0066).

June Spread (Volatile) ±0.0003

April Spread (Stable) ±0.0001

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 September and October, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2013: 0.0068) against the same month in 2012 (average: 0.0070), the exchange rate shifted by -0.0002 (-2.96%).

2013 Avg (July) 0.0068

2012 Avg (July) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0067	0.0066	0.0066
February	0.0067	0.0066	0.0066
March	0.0067	0.0066	0.0067
April	0.0068	0.0066	0.0067
May	0.0068	0.0066	0.0067
June	0.0069	0.0066	0.0067
July	0.0069	0.0067	0.0068
August	0.0067	0.0066	0.0066
September	0.0068	0.0065	0.0067
October	0.0066	0.0063	0.0065
November	0.0066	0.0063	0.0065
December	0.0065	0.0064	0.0065