2013 MKD to IRR Historical Review

YEARLY HIGH

565.2100 IRR

YEARLY LOW

254.2525 IRR

YEARLY AVERAGE

377.7195 IRR

2013 MKD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 565.2100. Conversely, the yearly low was recorded on April 4, dropping to 254.2525.

This high-to-low spread represents a total annual volatility of 310.9576 IRR. From a start-to-finish perspective, comparing the January average rate of 260.3199 to the December average rate of 550.8786, the exchange rate registered a net change of 111.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 565.2100 was up 113.80% compared to the 2012 peak of 264.3617, 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 2,826,050 IRR

2012 Average 1,259,818 IRR

Yearly Trough Low 1,271,262 IRR

Transaction Impact: A difference of 1,554,787.92 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

580.1088

229.3459

JanuMarcMayJulySeptNove

MKD to IRR 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 260.0661, compared to 495.3729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 235.3068 points.

H1 Avg (Jan–Jun) 260.0661

H2 Avg (Jul–Dec) 495.3729

Volatility Range Comparison

Volatility

The most volatile month in 2013 was August, with a trading range of 276.0690 IRR (High: 539.2084 / Low: 263.1394). On the other end, January was the most stable month, with a tight range of 2.1873 IRR (High: 261.1563 / Low: 258.9690).

August Spread (Volatile) ±276.0690

January Spread (Stable) ±2.1873

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 October and November, when the average rate fell by 2.7835 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 547.3165) against the same month in 2012 (average: 257.3221), the exchange rate shifted by +289.9945 (+112.70%).

2013 Avg (November) 547.3165

2012 Avg (November) 257.3221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	261.1563	258.9690	260.3199
February	263.4322	260.2498	261.0453
March	263.0698	256.0243	259.3270
April	261.8904	254.2525	259.1196
May	261.3390	255.3423	258.5762
June	267.0701	255.4311	262.0087
July	263.4980	255.3928	260.5002
August	539.2084	263.1394	526.5593
September	544.5206	528.0654	536.8825
October	557.2659	543.5045	550.1001
November	565.2100	542.4755	547.3165
December	555.0467	545.0258	550.8786