2013 HRK to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 HRK to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the HRK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 8.4777. Conversely, the yearly low was recorded on November 4, dropping to 7.8376.
This high-to-low spread represents a total annual volatility of 0.6401 MKD. From a start-to-finish perspective, comparing the January average rate of 8.2770 to the December average rate of 8.0677, the exchange rate registered a net change of -2.53% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 8.4777 was down 2.89% compared to the 2012 peak of 8.7303, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
HRK 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 8.1933, compared to 8.1158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0776 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was February, with a trading range of 0.3979 MKD (High: 8.4777 / Low: 8.0799). On the other end, December was the most stable month, with a tight range of 0.0689 MKD (High: 8.0978 / Low: 8.0289).
Growth Streaks & Declines
TrendsBetween March and June, 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 February and March, when the average rate fell by 0.2026 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2013: 8.2933) against the same month in 2012 (average: 8.1127), the exchange rate shifted by +0.1806 (+2.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.4209 | 8.1471 | 8.2770 |
| February | 8.4777 | 8.0799 | 8.2933 |
| March | 8.1537 | 8.0092 | 8.0906 |
| April | 8.1706 | 8.0669 | 8.1111 |
| May | 8.2510 | 8.0722 | 8.1457 |
| June | 8.3293 | 8.1613 | 8.2422 |
| July | 8.2840 | 8.1169 | 8.2045 |
| August | 8.2724 | 8.1136 | 8.1868 |
| September | 8.1820 | 8.0812 | 8.1214 |
| October | 8.1248 | 7.9922 | 8.0749 |
| November | 8.1003 | 7.8376 | 8.0392 |
| December | 8.0978 | 8.0289 | 8.0677 |