2013 MKD to BIF Historical Review

YEARLY HIGH

35.0426 BIF

YEARLY LOW

31.7922 BIF

YEARLY AVERAGE

33.3143 BIF

2013 MKD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 35.0426. Conversely, the yearly low was recorded on January 7, dropping to 31.7922.

This high-to-low spread represents a total annual volatility of 3.2504 BIF. From a start-to-finish perspective, comparing the January average rate of 32.1791 to the December average rate of 34.3988, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 35.0426 was up 7.22% compared to the 2012 peak of 32.6827, 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 175,213 BIF

2012 Average 146,469 BIF

Yearly Trough Low 158,961 BIF

Transaction Impact: A difference of 16,252.11 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

34.6208

31.9572

JanuMarcMayJulySeptNove

MKD to BIF 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 32.9578, compared to 33.6708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7130 points.

H1 Avg (Jan–Jun) 32.9578

H2 Avg (Jul–Dec) 33.6708

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.7664 BIF (High: 34.0130 / Low: 32.2466). On the other end, August was the most stable month, with a tight range of 0.4961 BIF (High: 33.4579 / Low: 32.9618).

June Spread (Volatile) ±1.7664

August Spread (Stable) ±0.4961

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 February and March, when the average rate fell by 0.4116 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 34.0696) against the same month in 2012 (average: 31.2980), the exchange rate shifted by +2.7716 (+8.86%).

2013 Avg (November) 34.0696

2012 Avg (November) 31.2980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.1776	31.7922	32.1791
February	33.5472	32.9703	33.2884
March	33.4304	31.8605	32.8769
April	33.5596	32.6574	33.1677
May	33.5111	32.3229	33.0589
June	34.0130	32.2466	33.1760
July	33.1209	32.3096	32.8386
August	33.4579	32.9618	33.1850
September	33.8578	32.7018	33.3305
October	34.7574	33.7286	34.2024
November	35.0426	33.6987	34.0696
December	34.7727	34.0265	34.3988