2013 MKD to MRO Historical Review

YEARLY HIGH

6.8374 MRO

YEARLY LOW

5.5538 MRO

YEARLY AVERAGE

6.3143 MRO

2013 MKD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 6.8374. Conversely, the yearly low was recorded on May 17, dropping to 5.5538.

This high-to-low spread represents a total annual volatility of 1.2836 MRO. From a start-to-finish perspective, comparing the January average rate of 6.3926 to the December average rate of 6.4853, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 6.8374 was up 6.73% compared to the 2012 peak of 6.4065, 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 34,187 MRO

2012 Average 30,800 MRO

Yearly Trough Low 27,769 MRO

Transaction Impact: A difference of 6,417.78 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

6.7303

5.6931

JanuMarcMayJulySeptNove

MKD to MRO 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 6.1496, compared to 6.4790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3294 points.

H1 Avg (Jan–Jun) 6.1496

H2 Avg (Jul–Dec) 6.4790

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.7581 MRO (High: 6.3120 / Low: 5.5538). On the other end, January was the most stable month, with a tight range of 0.0680 MRO (High: 6.4316 / Low: 6.3636).

May Spread (Volatile) ±0.7581

January Spread (Stable) ±0.0680

Growth Streaks & Declines

Trends

Between April and June, 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 0.3218 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 6.5615) against the same month in 2012 (average: 6.2358), the exchange rate shifted by +0.3257 (+5.22%).

2013 Avg (November) 6.5615

2012 Avg (November) 6.2358

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.4316	6.3636	6.3926
February	6.4244	6.3244	6.3639
March	6.3421	5.7847	6.1013
April	5.8744	5.5725	5.7795
May	6.3120	5.5538	5.8893
June	6.5166	6.1574	6.3709
July	6.5280	6.1015	6.3258
August	6.5521	6.3533	6.4861
September	6.6025	6.2541	6.3717
October	6.7718	6.4246	6.6439
November	6.8374	6.4097	6.5615
December	6.5729	6.4013	6.4853