2013 MKD to HNL Historical Review

YEARLY HIGH

0.4619 HNL

YEARLY LOW

0.3950 HNL

YEARLY AVERAGE

0.4319 HNL

2013 MKD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.4619. Conversely, the yearly low was recorded on May 24, dropping to 0.3950.

This high-to-low spread represents a total annual volatility of 0.0669 HNL. From a start-to-finish perspective, comparing the January average rate of 0.4222 to the December average rate of 0.4541, the exchange rate registered a net change of 7.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.4619 was up 9.44% compared to the 2012 peak of 0.4220, 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 2,309 HNL

2012 Average 2,017 HNL

Yearly Trough Low 1,975 HNL

Transaction Impact: A difference of 334.28 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.4587

0.4028

JanuMarcMayJulySeptNove

MKD to HNL 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 0.4189, compared to 0.4449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0260 points.

H1 Avg (Jan–Jun) 0.4189

H2 Avg (Jul–Dec) 0.4449

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0283 HNL (High: 0.4233 / Low: 0.3950). On the other end, January was the most stable month, with a tight range of 0.0034 HNL (High: 0.4235 / Low: 0.4201).

May Spread (Volatile) ±0.0283

January Spread (Stable) ±0.0034

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 March and April, when the average rate fell by 0.0071 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 0.4500) against the same month in 2012 (average: 0.4139), the exchange rate shifted by +0.0361 (+8.71%).

2013 Avg (November) 0.4500

2012 Avg (November) 0.4139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4235	0.4201	0.4222
February	0.4267	0.4224	0.4234
March	0.4248	0.4090	0.4173
April	0.4130	0.4058	0.4102
May	0.4233	0.3950	0.4074
June	0.4408	0.4216	0.4326
July	0.4392	0.4209	0.4310
August	0.4432	0.4368	0.4402
September	0.4493	0.4335	0.4411
October	0.4582	0.4482	0.4532
November	0.4619	0.4424	0.4500
December	0.4576	0.4511	0.4541