YEARLY HIGH
2.7530 ISK
YEARLY LOW
2.4636 ISK
YEARLY AVERAGE
2.6244 ISK

2013 MKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 2.7530. Conversely, the yearly low was recorded on May 3, dropping to 2.4636.

This high-to-low spread represents a total annual volatility of 0.2894 ISK. From a start-to-finish perspective, comparing the January average rate of 2.7275 to the December average rate of 2.6085, the exchange rate registered a net change of -4.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.7530 was up 0.33% compared to the 2012 peak of 2.7440, 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 13,765 ISK
2012 Average 13,062 ISK
Yearly Trough Low 12,318 ISK
Transaction Impact: A difference of 1,446.96 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.7491
2.4903
JanuMarcMayJulySeptNove

MKD to ISK 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 2.6217, compared to 2.6271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 2.6217
H2 Avg (Jul–Dec) 2.6271

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.1373 ISK (High: 2.6010 / Low: 2.4636). On the other end, January was the most stable month, with a tight range of 0.0423 ISK (High: 2.7429 / Low: 2.7006).

May Spread (Volatile) ±0.1373
January Spread (Stable) ±0.0423

Growth Streaks & Declines

Trends

Between April and July, 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 0.1278 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 2.7117) against the same month in 2012 (average: 2.6510), the exchange rate shifted by +0.0606 (+2.29%).

2013 Avg (February) 2.7117
2012 Avg (February) 2.6510

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7429 2.7006 2.7275
February 2.7530 2.6810 2.7117
March 2.6820 2.5909 2.6397
April 2.5876 2.4786 2.5118
May 2.6010 2.4636 2.5402
June 2.6369 2.5462 2.5996
July 2.6690 2.5689 2.6049
August 2.6175 2.5439 2.5821
September 2.6640 2.5800 2.6161
October 2.6952 2.6487 2.6774
November 2.7429 2.6336 2.6736
December 2.6415 2.5762 2.6085