2013 MKD to AZN Historical Review

YEARLY HIGH

0.0177 AZN

YEARLY LOW

0.0163 AZN

YEARLY AVERAGE

0.0169 AZN

2013 MKD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.0177. Conversely, the yearly low was recorded on April 3, dropping to 0.0163.

This high-to-low spread represents a total annual volatility of 0.0014 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0167 to the December average rate of 0.0174, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0177 was up 3.37% compared to the 2012 peak of 0.0172, 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 89 AZN

2012 Average 82 AZN

Yearly Trough Low 81 AZN

Transaction Impact: A difference of 7.20 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0175

0.0164

JanuMarcMayJulySeptNove

MKD to AZN 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 0.0166, compared to 0.0171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0166

H2 Avg (Jul–Dec) 0.0171

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0007 AZN (High: 0.0170 / Low: 0.0163). On the other end, January was the most stable month, with a tight range of 0.0000 AZN (High: 0.0167 / Low: 0.0166).

June Spread (Volatile) ±0.0007

January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 0.0173) against the same month in 2012 (average: 0.0164), the exchange rate shifted by +0.0008 (+5.03%).

2013 Avg (November) 0.0173

2012 Avg (November) 0.0164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0167	0.0166	0.0167
February	0.0167	0.0167	0.0167
March	0.0168	0.0164	0.0166
April	0.0167	0.0163	0.0166
May	0.0167	0.0163	0.0165
June	0.0170	0.0163	0.0167
July	0.0169	0.0164	0.0167
August	0.0170	0.0168	0.0169
September	0.0172	0.0167	0.0170
October	0.0176	0.0172	0.0174
November	0.0177	0.0171	0.0173
December	0.0176	0.0172	0.0174