2013 MKD to CLP Historical Review

YEARLY HIGH

11.9094 CLP

YEARLY LOW

9.7800 CLP

YEARLY AVERAGE

10.6541 CLP

2013 MKD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 11.9094. Conversely, the yearly low was recorded on April 4, dropping to 9.7800.

This high-to-low spread represents a total annual volatility of 2.1294 CLP. From a start-to-finish perspective, comparing the January average rate of 10.0338 to the December average rate of 11.7590, the exchange rate registered a net change of 17.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 11.9094 was up 8.91% compared to the 2012 peak of 10.9355, 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 59,547 CLP

2012 Average 50,772 CLP

Yearly Trough Low 48,900 CLP

Transaction Impact: A difference of 10,647.22 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

11.9382

9.7874

JanuMarcMayJulySeptNove

MKD to CLP 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 10.1408, compared to 11.1674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0266 points.

H1 Avg (Jan–Jun) 10.1408

H2 Avg (Jul–Dec) 11.1674

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.6284 CLP (High: 11.0359 / Low: 10.4075). On the other end, February was the most stable month, with a tight range of 0.0817 CLP (High: 10.0836 / Low: 10.0019).

June Spread (Volatile) ±0.6284

February Spread (Stable) ±0.0817

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1350 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 11.7590) against the same month in 2012 (average: 10.1116), the exchange rate shifted by +1.6474 (+16.29%).

2013 Avg (December) 11.7590

2012 Avg (December) 10.1116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1512	10.0000	10.0338
February	10.0836	10.0019	10.0337
March	10.1465	9.8433	9.9768
April	10.1405	9.7800	9.9666
May	10.3806	9.9687	10.0992
June	11.0359	10.4075	10.7347
July	11.0593	10.5672	10.7379
August	11.1988	10.9103	11.0501
September	11.0814	10.8204	10.9150
October	11.4028	10.8947	11.1096
November	11.6945	11.2770	11.4326
December	11.9094	11.6748	11.7590