2013 MKD to GIP Historical Review

YEARLY HIGH

0.0142 GIP

YEARLY LOW

0.0130 GIP

YEARLY AVERAGE

0.0137 GIP

2013 MKD to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.0142. Conversely, the yearly low was recorded on April 1, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0012 GIP. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0136, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0142 was up 3.19% compared to the 2012 peak of 0.0138, 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 71 GIP

2012 Average 66 GIP

Yearly Trough Low 65 GIP

Transaction Impact: A difference of 5.81 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0141

0.0131

JanuMarcMayJulySeptNove

MKD to GIP 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 0.0135, compared to 0.0138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0135

H2 Avg (Jul–Dec) 0.0138

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.0009 GIP (High: 0.0140 / Low: 0.0130). On the other end, January was the most stable month, with a tight range of 0.0003 GIP (High: 0.0134 / Low: 0.0131).

April Spread (Volatile) ±0.0009

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and July, 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 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2013: 0.0139) against the same month in 2012 (average: 0.0127), the exchange rate shifted by +0.0013 (+9.95%).

2013 Avg (August) 0.0139

2012 Avg (August) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0134	0.0131	0.0133
February	0.0136	0.0133	0.0134
March	0.0134	0.0131	0.0132
April	0.0140	0.0130	0.0138
May	0.0139	0.0136	0.0138
June	0.0140	0.0136	0.0138
July	0.0142	0.0138	0.0140
August	0.0142	0.0138	0.0139
September	0.0139	0.0135	0.0136
October	0.0140	0.0136	0.0138
November	0.0142	0.0134	0.0137
December	0.0137	0.0134	0.0136