YEARLY HIGH
2.2973 NPR
YEARLY LOW
1.8059 NPR
YEARLY AVERAGE
2.0145 NPR

2013 MKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 2.2973. Conversely, the yearly low was recorded on April 3, dropping to 1.8059.

This high-to-low spread represents a total annual volatility of 0.4914 NPR. From a start-to-finish perspective, comparing the January average rate of 1.8416 to the December average rate of 2.2021, the exchange rate registered a net change of 19.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.2973 was up 22.86% compared to the 2012 peak of 1.8699, 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 11,487 NPR
2012 Average 8,908 NPR
Yearly Trough Low 9,029 NPR
Transaction Impact: A difference of 2,457.16 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.2481
1.7923
JanuMarcMayJulySeptNove

MKD to NPR 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 1.8639, compared to 2.1652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3013 points.

H1 Avg (Jan–Jun) 1.8639
H2 Avg (Jul–Dec) 2.1652

Volatility Range Comparison

Volatility

The most volatile month in 2013 was August, with a trading range of 0.2119 NPR (High: 2.2939 / Low: 2.0821). On the other end, April was the most stable month, with a tight range of 0.0475 NPR (High: 1.8534 / Low: 1.8059).

August Spread (Volatile) ±0.2119
April Spread (Stable) ±0.0475

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 0.0243 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 2.2101) against the same month in 2012 (average: 1.7960), the exchange rate shifted by +0.4141 (+23.06%).

2013 Avg (September) 2.2101
2012 Avg (September) 1.7960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8704 1.8088 1.8416
February 1.8560 1.8063 1.8302
March 1.8780 1.8127 1.8384
April 1.8534 1.8059 1.8360
May 1.8846 1.8312 1.8491
June 2.0497 1.8856 1.9880
July 2.0886 1.9990 2.0313
August 2.2939 2.0821 2.1630
September 2.2973 2.1611 2.2101
October 2.2125 2.1545 2.1859
November 2.2320 2.1750 2.1988
December 2.2260 2.1784 2.2021