YEARLY HIGH
0.9949 PHP
YEARLY LOW
0.8493 PHP
YEARLY AVERAGE
0.9129 PHP

2013 MKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.9949. Conversely, the yearly low was recorded on April 2, dropping to 0.8493.

This high-to-low spread represents a total annual volatility of 0.1455 PHP. From a start-to-finish perspective, comparing the January average rate of 0.8641 to the December average rate of 0.9828, the exchange rate registered a net change of 13.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9949 was up 6.26% compared to the 2012 peak of 0.9363, 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 4,974 PHP
2012 Average 4,408 PHP
Yearly Trough Low 4,247 PHP
Transaction Impact: A difference of 727.66 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9950
0.8479
JanuMarcMayJulySeptNove

MKD to PHP 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 0.8738, compared to 0.9521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0782 points.

H1 Avg (Jan–Jun) 0.8738
H2 Avg (Jul–Dec) 0.9521

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0688 PHP (High: 0.9426 / Low: 0.8738). On the other end, February was the most stable month, with a tight range of 0.0046 PHP (High: 0.8672 / Low: 0.8625).

June Spread (Volatile) ±0.0688
February Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between March and August, 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 February and March, when the average rate fell by 0.0041 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.9828) against the same month in 2012 (average: 0.8687), the exchange rate shifted by +0.1140 (+13.13%).

2013 Avg (December) 0.9828
2012 Avg (December) 0.8687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8694 0.8615 0.8641
February 0.8672 0.8625 0.8642
March 0.8712 0.8520 0.8601
April 0.8802 0.8493 0.8693
May 0.8831 0.8617 0.8694
June 0.9426 0.8738 0.9160
July 0.9354 0.9038 0.9210
August 0.9694 0.9357 0.9474
September 0.9598 0.9349 0.9468
October 0.9672 0.9462 0.9561
November 0.9798 0.9400 0.9582
December 0.9949 0.9610 0.9828