2013 HTG to MKD Historical Review

YEARLY HIGH

1.1687 MKD

YEARLY LOW

1.0186 MKD

YEARLY AVERAGE

1.0944 MKD

2013 HTG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the HTG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 1.1687. Conversely, the yearly low was recorded on November 4, dropping to 1.0186.

This high-to-low spread represents a total annual volatility of 0.1501 MKD. From a start-to-finish perspective, comparing the January average rate of 1.1187 to the December average rate of 1.1105, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.1687 was down 3.29% compared to the 2012 peak of 1.2085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,843 MKD

2012 Average 5,747 MKD

Yearly Trough Low 5,093 MKD

Transaction Impact: A difference of 750.37 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.1257

1.0410

JanuMarcMayJulySeptNove

HTG 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 1.1120, compared to 1.0768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0352 points.

H1 Avg (Jan–Jun) 1.1120

H2 Avg (Jul–Dec) 1.0768

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.1487 MKD (High: 1.1687 / Low: 1.0200). On the other end, January was the most stable month, with a tight range of 0.0140 MKD (High: 1.1249 / Low: 1.1109).

December Spread (Volatile) ±0.1487

January Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, when the average rate fell by 0.0195 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.1105) against the same month in 2012 (average: 1.1203), the exchange rate shifted by -0.0098 (-0.87%).

2013 Avg (December) 1.1105

2012 Avg (December) 1.1203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1249	1.1109	1.1187
February	1.1097	1.0907	1.1064
March	1.1283	1.0996	1.1140
April	1.1356	1.1035	1.1150
May	1.1320	1.1037	1.1176
June	1.1330	1.0742	1.1001
July	1.1094	1.0663	1.0864
August	1.0776	1.0582	1.0669
September	1.0862	1.0456	1.0673
October	1.0697	1.0261	1.0480
November	1.1535	1.0186	1.0815
December	1.1687	1.0200	1.1105