2013 MAD to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 MAD to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the MAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 5.7346. Conversely, the yearly low was recorded on November 4, dropping to 5.3281.
This high-to-low spread represents a total annual volatility of 0.4066 MKD. From a start-to-finish perspective, comparing the January average rate of 5.6124 to the December average rate of 5.4805, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 5.7346 was down 1.16% compared to the 2012 peak of 5.8020, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
MAD 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 5.5683, compared to 5.5017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0666 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was February, with a trading range of 0.2197 MKD (High: 5.7346 / Low: 5.5150). On the other end, August was the most stable month, with a tight range of 0.0609 MKD (High: 5.5556 / Low: 5.4946).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1028 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2013: 5.6306) against the same month in 2012 (average: 5.5153), the exchange rate shifted by +0.1154 (+2.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.7008 | 5.5421 | 5.6124 |
| February | 5.7346 | 5.5150 | 5.6306 |
| March | 5.5689 | 5.4731 | 5.5278 |
| April | 5.5965 | 5.5182 | 5.5486 |
| May | 5.6120 | 5.4978 | 5.5485 |
| June | 5.6329 | 5.4878 | 5.5417 |
| July | 5.6108 | 5.4545 | 5.5322 |
| August | 5.5556 | 5.4946 | 5.5207 |
| September | 5.5626 | 5.4908 | 5.5194 |
| October | 5.5145 | 5.4260 | 5.4807 |
| November | 5.5105 | 5.3281 | 5.4767 |
| December | 5.5187 | 5.4537 | 5.4805 |