2013 MKD to CDF Historical Review

YEARLY HIGH

20.9215 CDF

YEARLY LOW

19.0059 CDF

YEARLY AVERAGE

19.8313 CDF

2013 MKD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 20.9215. Conversely, the yearly low was recorded on April 4, dropping to 19.0059.

This high-to-low spread represents a total annual volatility of 1.9156 CDF. From a start-to-finish perspective, comparing the January average rate of 19.5515 to the December average rate of 20.5327, the exchange rate registered a net change of 5.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 20.9215 was up 4.44% compared to the 2012 peak of 20.0312, 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 104,608 CDF

2012 Average 96,040 CDF

Yearly Trough Low 95,029 CDF

Transaction Impact: A difference of 9,578.22 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

20.6479

19.2657

JanuMarcMayJulySeptNove

MKD to CDF 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 19.5189, compared to 20.1437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6248 points.

H1 Avg (Jan–Jun) 19.5189

H2 Avg (Jul–Dec) 20.1437

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.8847 CDF (High: 20.0513 / Low: 19.1666). On the other end, February was the most stable month, with a tight range of 0.1177 CDF (High: 19.6109 / Low: 19.4933).

June Spread (Volatile) ±0.8847

February Spread (Stable) ±0.1177

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 0.1790 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 20.3312) against the same month in 2012 (average: 19.3889), the exchange rate shifted by +0.9423 (+4.86%).

2013 Avg (November) 20.3312

2012 Avg (November) 19.3889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.6645	19.4542	19.5515
February	19.6109	19.4933	19.5360
March	19.7021	19.2302	19.5426
April	19.6699	19.0059	19.4347
May	19.6658	19.1340	19.3809
June	20.0513	19.1666	19.6675
July	19.8057	19.0724	19.5802
August	20.0751	19.6751	19.8775
September	20.3424	19.7162	20.0305
October	20.7887	20.2883	20.5102
November	20.9215	20.0377	20.3312
December	20.8230	20.2751	20.5327