YEARLY HIGH
0.6744 MZN
YEARLY LOW
0.6177 MZN
YEARLY AVERAGE
0.6431 MZN

2013 MKD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.6744. Conversely, the yearly low was recorded on May 31, dropping to 0.6177.

This high-to-low spread represents a total annual volatility of 0.0567 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6296 to the December average rate of 0.6664, the exchange rate registered a net change of 5.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.6744 was up 6.77% compared to the 2012 peak of 0.6316, 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 3,372 MZN
2012 Average 2,938 MZN
Yearly Trough Low 3,089 MZN
Transaction Impact: A difference of 283.39 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.6701
0.6259
JanuMarcMayJulySeptNove

MKD to MZN 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 0.6346, compared to 0.6516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 0.6346
H2 Avg (Jul–Dec) 0.6516

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0301 MZN (High: 0.6488 / Low: 0.6187). On the other end, August was the most stable month, with a tight range of 0.0079 MZN (High: 0.6487 / Low: 0.6408).

February Spread (Volatile) ±0.0301
August Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0081 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 0.6587) against the same month in 2012 (average: 0.6230), the exchange rate shifted by +0.0358 (+5.74%).

2013 Avg (November) 0.6587
2012 Avg (November) 0.6230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6460 0.6209 0.6296
February 0.6488 0.6187 0.6395
March 0.6403 0.6228 0.6329
April 0.6510 0.6227 0.6397
May 0.6447 0.6177 0.6316
June 0.6443 0.6193 0.6346
July 0.6435 0.6218 0.6347
August 0.6487 0.6408 0.6443
September 0.6555 0.6346 0.6457
October 0.6686 0.6508 0.6596
November 0.6744 0.6503 0.6587
December 0.6722 0.6586 0.6664