2013 MKD to LTL Historical Review

YEARLY HIGH

0.0578 LTL

YEARLY LOW

0.0537 LTL

YEARLY AVERAGE

0.0559 LTL

2013 MKD to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.0578. Conversely, the yearly low was recorded on February 3, dropping to 0.0537.

This high-to-low spread represents a total annual volatility of 0.0041 LTL. From a start-to-finish perspective, comparing the January average rate of 0.0551 to the December average rate of 0.0560, the exchange rate registered a net change of 1.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0578 was up 0.23% compared to the 2012 peak of 0.0577, 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 289 LTL

2012 Average 280 LTL

Yearly Trough Low 269 LTL

Transaction Impact: A difference of 20.37 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0564

0.0548

JanuMarcMayJulySeptNove

MKD to LTL 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 0.0557, compared to 0.0561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0557

H2 Avg (Jul–Dec) 0.0561

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0026 LTL (High: 0.0563 / Low: 0.0537). On the other end, December was the most stable month, with a tight range of 0.0005 LTL (High: 0.0563 / Low: 0.0558).

February Spread (Volatile) ±0.0026

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 0.0563) against the same month in 2012 (average: 0.0563), the exchange rate shifted by -0.0000 (-0.07%).

2013 Avg (November) 0.0563

2012 Avg (November) 0.0563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0560	0.0540	0.0551
February	0.0563	0.0537	0.0549
March	0.0568	0.0558	0.0562
April	0.0563	0.0554	0.0560
May	0.0566	0.0553	0.0560
June	0.0565	0.0551	0.0559
July	0.0569	0.0553	0.0561
August	0.0562	0.0556	0.0560
September	0.0563	0.0554	0.0560
October	0.0566	0.0558	0.0561
November	0.0578	0.0558	0.0563
December	0.0563	0.0558	0.0560