2013 MKD to GNF Historical Review

YEARLY HIGH

158.9953 GNF

YEARLY LOW

144.6905 GNF

YEARLY AVERAGE

150.9157 GNF

2013 MKD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 158.9953. Conversely, the yearly low was recorded on July 10, dropping to 144.6905.

This high-to-low spread represents a total annual volatility of 14.3049 GNF. From a start-to-finish perspective, comparing the January average rate of 150.7364 to the December average rate of 155.0219, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 158.9953 was up 3.25% compared to the 2012 peak of 153.9967, 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 794,977 GNF

2012 Average 735,614 GNF

Yearly Trough Low 723,452 GNF

Transaction Impact: A difference of 71,524.29 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

155.7497

147.0154

JanuMarcMayJulySeptNove

MKD to GNF 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 149.8532, compared to 151.9782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1250 points.

H1 Avg (Jan–Jun) 149.8532

H2 Avg (Jul–Dec) 151.9782

Volatility Range Comparison

Volatility

The most volatile month in 2013 was November, with a trading range of 7.3224 GNF (High: 158.9953 / Low: 151.6730). On the other end, April was the most stable month, with a tight range of 2.7303 GNF (High: 150.6443 / Low: 147.9140).

November Spread (Volatile) ±7.3224

April Spread (Stable) ±2.7303

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.5130 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.5130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 153.7631) against the same month in 2012 (average: 148.5322), the exchange rate shifted by +5.2309 (+3.52%).

2013 Avg (November) 153.7631

2012 Avg (November) 148.5322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	151.9003	148.2763	150.7364
February	151.7831	148.7671	150.5559
March	152.1455	148.8690	150.2568
April	150.6443	147.9140	149.4938
May	151.4566	146.3790	148.8200
June	152.6223	145.7783	149.2563
July	150.1946	144.6905	147.7433
August	152.4615	148.5640	150.4805
September	154.3575	147.8333	150.2889
October	157.5461	152.0019	154.5716
November	158.9953	151.6730	153.7631
December	156.7470	153.1989	155.0219