YEARLY HIGH
0.0392 GEL
YEARLY LOW
0.0340 GEL
YEARLY AVERAGE
0.0358 GEL

2013 MKD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0392. Conversely, the yearly low was recorded on May 25, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0052 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0352 to the December average rate of 0.0385, the exchange rate registered a net change of 9.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0392 was up 7.30% compared to the 2012 peak of 0.0365, 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 196 GEL
2012 Average 174 GEL
Yearly Trough Low 170 GEL
Transaction Impact: A difference of 25.81 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0389
0.0341
JanuMarcMayJulySeptNove

MKD to GEL 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 0.0350, compared to 0.0366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0350
H2 Avg (Jul–Dec) 0.0366

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0020 GEL (High: 0.0392 / Low: 0.0372). On the other end, February was the most stable month, with a tight range of 0.0002 GEL (High: 0.0353 / Low: 0.0351).

December Spread (Volatile) ±0.0020
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.0385) against the same month in 2012 (average: 0.0351), the exchange rate shifted by +0.0034 (+9.64%).

2013 Avg (December) 0.0385
2012 Avg (December) 0.0351

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0353 0.0351 0.0352
February 0.0353 0.0351 0.0352
March 0.0355 0.0346 0.0350
April 0.0353 0.0344 0.0349
May 0.0350 0.0340 0.0345
June 0.0359 0.0343 0.0353
July 0.0356 0.0346 0.0352
August 0.0361 0.0356 0.0359
September 0.0366 0.0354 0.0360
October 0.0374 0.0365 0.0369
November 0.0378 0.0365 0.0369
December 0.0392 0.0372 0.0385