2013 MKD to HTG Historical Review

YEARLY HIGH

0.9817 HTG

YEARLY LOW

0.8557 HTG

YEARLY AVERAGE

0.9145 HTG

2013 MKD to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.9817. Conversely, the yearly low was recorded on December 4, dropping to 0.8557.

This high-to-low spread represents a total annual volatility of 0.1261 HTG. From a start-to-finish perspective, comparing the January average rate of 0.8939 to the December average rate of 0.9030, the exchange rate registered a net change of 1.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9817 was up 8.56% compared to the 2012 peak of 0.9043, 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 4,909 HTG

2012 Average 4,352 HTG

Yearly Trough Low 4,278 HTG

Transaction Impact: A difference of 630.34 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9603

0.8879

JanuMarcMayJulySeptNove

MKD to HTG 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 0.8994, compared to 0.9297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0302 points.

H1 Avg (Jan–Jun) 0.8994

H2 Avg (Jul–Dec) 0.9297

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.1247 HTG (High: 0.9804 / Low: 0.8557). On the other end, January was the most stable month, with a tight range of 0.0112 HTG (High: 0.9001 / Low: 0.8889).

December Spread (Volatile) ±0.1247

January Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between May and August, 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 October and November, when the average rate fell by 0.0285 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 0.9258) against the same month in 2012 (average: 0.8820), the exchange rate shifted by +0.0438 (+4.97%).

2013 Avg (November) 0.9258

2012 Avg (November) 0.8820

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9001	0.8889	0.8939
February	0.9169	0.9011	0.9038
March	0.9094	0.8863	0.8977
April	0.9062	0.8806	0.8969
May	0.9060	0.8834	0.8949
June	0.9310	0.8826	0.9092
July	0.9378	0.9014	0.9206
August	0.9450	0.9280	0.9373
September	0.9564	0.9207	0.9370
October	0.9746	0.9348	0.9543
November	0.9817	0.8669	0.9258
December	0.9804	0.8557	0.9030