2013 MKD to ALL Historical Review

YEARLY HIGH

2.3451 ALL

YEARLY LOW

2.1734 ALL

YEARLY AVERAGE

2.2709 ALL

2013 MKD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 2.3451. Conversely, the yearly low was recorded on February 3, dropping to 2.1734.

This high-to-low spread represents a total annual volatility of 0.1717 ALL. From a start-to-finish perspective, comparing the January average rate of 2.2281 to the December average rate of 2.2760, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.3451 was up 2.12% compared to the 2012 peak of 2.2964, 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 11,725 ALL

2012 Average 11,287 ALL

Yearly Trough Low 10,867 ALL

Transaction Impact: A difference of 858.66 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.2974

2.2153

JanuMarcMayJulySeptNove

MKD to ALL 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 2.2617, compared to 2.2801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 2.2617

H2 Avg (Jul–Dec) 2.2801

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.1046 ALL (High: 2.2780 / Low: 2.1734). On the other end, December was the most stable month, with a tight range of 0.0199 ALL (High: 2.2847 / Low: 2.2648).

February Spread (Volatile) ±0.1046

December Spread (Stable) ±0.0199

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 0.0104 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 2.2864) against the same month in 2012 (average: 2.2796), the exchange rate shifted by +0.0068 (+0.30%).

2013 Avg (November) 2.2864

2012 Avg (November) 2.2796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2672	2.1876	2.2281
February	2.2780	2.1734	2.2222
March	2.2962	2.2581	2.2766
April	2.2907	2.2475	2.2744
May	2.3095	2.2517	2.2857
June	2.3123	2.2418	2.2830
July	2.3150	2.2492	2.2789
August	2.2858	2.2532	2.2709
September	2.2982	2.2553	2.2781
October	2.3081	2.2619	2.2906
November	2.3451	2.2715	2.2864
December	2.2847	2.2648	2.2760