2013 MKD to BWP Historical Review

YEARLY HIGH

0.1961 BWP

YEARLY LOW

0.1647 BWP

YEARLY AVERAGE

0.1805 BWP

2013 MKD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1961. Conversely, the yearly low was recorded on January 1, dropping to 0.1647.

This high-to-low spread represents a total annual volatility of 0.0314 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1682 to the December average rate of 0.1936, the exchange rate registered a net change of 15.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1961 was up 16.63% compared to the 2012 peak of 0.1682, 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 981 BWP

2012 Average 797 BWP

Yearly Trough Low 823 BWP

Transaction Impact: A difference of 157.18 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1961

0.1657

JanuMarcMayJulySeptNove

MKD to BWP 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 0.1737, compared to 0.1874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.1737

H2 Avg (Jul–Dec) 0.1874

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0107 BWP (High: 0.1873 / Low: 0.1766). On the other end, March was the most stable month, with a tight range of 0.0027 BWP (High: 0.1747 / Low: 0.1720).

June Spread (Volatile) ±0.0107

March Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.1936) against the same month in 2012 (average: 0.1663), the exchange rate shifted by +0.0273 (+16.40%).

2013 Avg (December) 0.1936

2012 Avg (December) 0.1663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1710	0.1647	0.1682
February	0.1718	0.1691	0.1702
March	0.1747	0.1720	0.1735
April	0.1749	0.1693	0.1724
May	0.1807	0.1713	0.1746
June	0.1873	0.1766	0.1834
July	0.1851	0.1788	0.1822
August	0.1902	0.1822	0.1856
September	0.1879	0.1816	0.1852
October	0.1907	0.1859	0.1879
November	0.1949	0.1882	0.1899
December	0.1961	0.1900	0.1936