2013 MKD to BGN Historical Review

YEARLY HIGH

0.0328 BGN

YEARLY LOW

0.0305 BGN

YEARLY AVERAGE

0.0317 BGN

2013 MKD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.0328. Conversely, the yearly low was recorded on February 3, dropping to 0.0305.

This high-to-low spread represents a total annual volatility of 0.0023 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0312 to the December average rate of 0.0318, the exchange rate registered a net change of 1.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0328 was up 0.21% compared to the 2012 peak of 0.0327, 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 164 BGN

2012 Average 159 BGN

Yearly Trough Low 152 BGN

Transaction Impact: A difference of 11.59 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0320

0.0310

JanuMarcMayJulySeptNove

MKD to BGN 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 0.0316, compared to 0.0318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0316

H2 Avg (Jul–Dec) 0.0318

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0014 BGN (High: 0.0319 / Low: 0.0305). On the other end, December was the most stable month, with a tight range of 0.0002 BGN (High: 0.0319 / Low: 0.0317).

February Spread (Volatile) ±0.0014

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 0.0319) against the same month in 2012 (average: 0.0319), the exchange rate shifted by -0.0000 (-0.03%).

2013 Avg (November) 0.0319

2012 Avg (November) 0.0319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0317	0.0307	0.0312
February	0.0319	0.0305	0.0311
March	0.0322	0.0317	0.0319
April	0.0319	0.0314	0.0317
May	0.0321	0.0313	0.0317
June	0.0320	0.0312	0.0317
July	0.0323	0.0314	0.0318
August	0.0319	0.0315	0.0317
September	0.0319	0.0314	0.0317
October	0.0321	0.0316	0.0318
November	0.0328	0.0316	0.0319
December	0.0319	0.0317	0.0318