2013 MKD to AFN Historical Review

YEARLY HIGH

1.2999 AFN

YEARLY LOW

1.0833 AFN

YEARLY AVERAGE

1.1776 AFN

2013 MKD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 1.2999. Conversely, the yearly low was recorded on January 10, dropping to 1.0833.

This high-to-low spread represents a total annual volatility of 0.2165 AFN. From a start-to-finish perspective, comparing the January average rate of 1.0904 to the December average rate of 1.2687, the exchange rate registered a net change of 16.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.2999 was up 17.00% compared to the 2012 peak of 1.1110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,499 AFN

2012 Average 5,122 AFN

Yearly Trough Low 5,417 AFN

Transaction Impact: A difference of 1,082.65 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.2865

1.0726

JanuMarcMayJulySeptNove

MKD to AFN 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 1.1228, compared to 1.2323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1096 points.

H1 Avg (Jan–Jun) 1.1228

H2 Avg (Jul–Dec) 1.2323

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0759 AFN (High: 1.2999 / Low: 1.2239). On the other end, January was the most stable month, with a tight range of 0.0129 AFN (High: 1.0962 / Low: 1.0833).

December Spread (Volatile) ±0.0759

January Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.2687) against the same month in 2012 (average: 1.0902), the exchange rate shifted by +0.1785 (+16.37%).

2013 Avg (December) 1.2687

2012 Avg (December) 1.0902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0962	1.0833	1.0904
February	1.1171	1.0858	1.0992
March	1.1352	1.1059	1.1205
April	1.1425	1.0985	1.1283
May	1.1427	1.1203	1.1298
June	1.1940	1.1273	1.1684
July	1.2097	1.1581	1.1898
August	1.2199	1.1971	1.2082
September	1.2449	1.1958	1.2150
October	1.2793	1.2274	1.2531
November	1.2903	1.2397	1.2592
December	1.2999	1.2239	1.2687