2013 ILS to MKD Historical Review

YEARLY HIGH

13.2937 MKD

YEARLY LOW

12.4908 MKD

YEARLY AVERAGE

12.8927 MKD

2013 ILS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ILS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 13.2937. Conversely, the yearly low was recorded on January 9, dropping to 12.4908.

This high-to-low spread represents a total annual volatility of 0.8029 MKD. From a start-to-finish perspective, comparing the January average rate of 12.6114 to the December average rate of 12.8377, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 13.2937 was up 4.47% compared to the 2012 peak of 12.7252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,468 MKD

2012 Average 62,171 MKD

Yearly Trough Low 62,454 MKD

Transaction Impact: A difference of 4,014.38 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

13.1295

12.5643

JanuMarcMayJulySeptNove

ILS 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 12.8827, compared to 12.9026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 12.8827

H2 Avg (Jul–Dec) 12.9026

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.6439 MKD (High: 13.1725 / Low: 12.5285). On the other end, December was the most stable month, with a tight range of 0.1685 MKD (High: 12.9224 / Low: 12.7539).

March Spread (Volatile) ±0.6439

December Spread (Stable) ±0.1685

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 0.1961 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1961

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 13.0807) against the same month in 2012 (average: 12.4542), the exchange rate shifted by +0.6265 (+5.03%).

2013 Avg (April) 13.0807

2012 Avg (April) 12.4542

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.6870	12.4908	12.6114
February	12.8147	12.6219	12.7441
March	13.1725	12.5285	12.8684
April	13.2937	12.9470	13.0807
May	13.2615	12.9042	13.0824
June	13.0750	12.7776	12.9092
July	13.2738	12.8227	13.0660
August	13.1580	12.6022	12.9588
September	13.1508	12.8065	12.9469
October	12.8597	12.6250	12.7508
November	13.0075	12.5286	12.8557
December	12.9224	12.7539	12.8377