YEARLY HIGH
0.1276 HRK
YEARLY LOW
0.1180 HRK
YEARLY AVERAGE
0.1226 HRK

2013 MKD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.1276. Conversely, the yearly low was recorded on February 3, dropping to 0.1180.

This high-to-low spread represents a total annual volatility of 0.0096 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1208 to the December average rate of 0.1240, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1276 was up 2.08% compared to the 2012 peak of 0.1250, 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 638 HRK
2012 Average 611 HRK
Yearly Trough Low 590 HRK
Transaction Impact: A difference of 48.17 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1248
0.1202
JanuMarcMayJulySeptNove

MKD to HRK 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 0.1221, compared to 0.1232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1221
H2 Avg (Jul–Dec) 0.1232

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0058 HRK (High: 0.1238 / Low: 0.1180). On the other end, December was the most stable month, with a tight range of 0.0011 HRK (High: 0.1245 / Low: 0.1235).

February Spread (Volatile) ±0.0058
December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between June and November, 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 May and June, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 0.1244) against the same month in 2012 (average: 0.1230), the exchange rate shifted by +0.0014 (+1.13%).

2013 Avg (November) 0.1244
2012 Avg (November) 0.1230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1227 0.1188 0.1208
February 0.1238 0.1180 0.1206
March 0.1249 0.1226 0.1236
April 0.1240 0.1224 0.1233
May 0.1239 0.1212 0.1228
June 0.1225 0.1201 0.1213
July 0.1232 0.1207 0.1219
August 0.1232 0.1209 0.1222
September 0.1237 0.1222 0.1231
October 0.1251 0.1231 0.1238
November 0.1276 0.1235 0.1244
December 0.1245 0.1235 0.1240