YEARLY HIGH
0.0218 MKD
YEARLY LOW
0.0197 MKD
YEARLY AVERAGE
0.0210 MKD

2013 MGA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MGA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0218. Conversely, the yearly low was recorded on December 29, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0021 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0211 to the December average rate of 0.0200, the exchange rate registered a net change of -5.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0218 was down 6.43% compared to the 2012 peak of 0.0233, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109 MKD
2012 Average 109 MKD
Yearly Trough Low 99 MKD
Transaction Impact: A difference of 10.58 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0218
0.0198
JanuMarcMayJulySeptNove

MGA 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 0.0214, compared to 0.0207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0214
H2 Avg (Jul–Dec) 0.0207

Volatility Range Comparison

Volatility

The most volatile month in 2013 was September, with a trading range of 0.0010 MKD (High: 0.0213 / Low: 0.0204). On the other end, August was the most stable month, with a tight range of 0.0002 MKD (High: 0.0213 / Low: 0.0211).

September Spread (Volatile) ±0.0010
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2013: 0.0215) against the same month in 2012 (average: 0.0229), the exchange rate shifted by -0.0014 (-6.32%).

2013 Avg (June) 0.0215
2012 Avg (June) 0.0229

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0215 0.0208 0.0211
February 0.0216 0.0211 0.0214
March 0.0214 0.0211 0.0213
April 0.0218 0.0213 0.0215
May 0.0218 0.0215 0.0216
June 0.0218 0.0212 0.0215
July 0.0217 0.0212 0.0214
August 0.0213 0.0211 0.0212
September 0.0213 0.0204 0.0209
October 0.0206 0.0201 0.0203
November 0.0207 0.0201 0.0203
December 0.0202 0.0197 0.0200