YEARLY HIGH
0.4059 MKD
YEARLY LOW
0.3632 MKD
YEARLY AVERAGE
0.3813 MKD

2013 ISK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ISK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.4059. Conversely, the yearly low was recorded on February 21, dropping to 0.3632.

This high-to-low spread represents a total annual volatility of 0.0427 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3666 to the December average rate of 0.3834, the exchange rate registered a net change of 4.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.4059 was down 3.58% compared to the 2012 peak of 0.4210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,030 MKD
2012 Average 1,916 MKD
Yearly Trough Low 1,816 MKD
Transaction Impact: A difference of 213.34 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.4013
0.3635
JanuMarcMayJulySeptNove

ISK 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 0.3818, compared to 0.3808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.3818
H2 Avg (Jul–Dec) 0.3808

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0214 MKD (High: 0.4059 / Low: 0.3845). On the other end, January was the most stable month, with a tight range of 0.0057 MKD (High: 0.3703 / Low: 0.3646).

May Spread (Volatile) ±0.0214
January Spread (Stable) ±0.0057

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 May and June, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 0.3938) against the same month in 2012 (average: 0.3775), the exchange rate shifted by +0.0163 (+4.32%).

2013 Avg (May) 0.3938
2012 Avg (May) 0.3775

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3703 0.3646 0.3666
February 0.3730 0.3632 0.3688
March 0.3860 0.3729 0.3789
April 0.4035 0.3865 0.3982
May 0.4059 0.3845 0.3938
June 0.3927 0.3792 0.3847
July 0.3893 0.3747 0.3840
August 0.3931 0.3820 0.3873
September 0.3876 0.3754 0.3823
October 0.3775 0.3710 0.3735
November 0.3797 0.3646 0.3741
December 0.3882 0.3786 0.3834