2013 MKD to MAD Historical Review

YEARLY HIGH

0.1877 MAD

YEARLY LOW

0.1744 MAD

YEARLY AVERAGE

0.1807 MAD

2013 MKD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.1877. Conversely, the yearly low was recorded on February 3, dropping to 0.1744.

This high-to-low spread represents a total annual volatility of 0.0133 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1782 to the December average rate of 0.1825, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1877 was up 2.25% compared to the 2012 peak of 0.1835, 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 938 MAD

2012 Average 901 MAD

Yearly Trough Low 872 MAD

Transaction Impact: A difference of 66.53 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1831

0.1771

JanuMarcMayJulySeptNove

MKD to MAD 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 0.1796, compared to 0.1818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1796

H2 Avg (Jul–Dec) 0.1818

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0069 MAD (High: 0.1813 / Low: 0.1744). On the other end, August was the most stable month, with a tight range of 0.0020 MAD (High: 0.1820 / Low: 0.1800).

February Spread (Volatile) ±0.0069

August Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0007 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 0.1826) against the same month in 2012 (average: 0.1810), the exchange rate shifted by +0.0016 (+0.87%).

2013 Avg (November) 0.1826

2012 Avg (November) 0.1810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1804	0.1754	0.1782
February	0.1813	0.1744	0.1776
March	0.1827	0.1796	0.1809
April	0.1812	0.1787	0.1802
May	0.1819	0.1782	0.1802
June	0.1822	0.1775	0.1805
July	0.1833	0.1782	0.1808
August	0.1820	0.1800	0.1811
September	0.1821	0.1798	0.1812
October	0.1843	0.1813	0.1825
November	0.1877	0.1815	0.1826
December	0.1834	0.1812	0.1825