YEARLY HIGH
0.0848 SAR
YEARLY LOW
0.0779 SAR
YEARLY AVERAGE
0.0806 SAR

2013 MKD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.0848. Conversely, the yearly low was recorded on April 3, dropping to 0.0779.

This high-to-low spread represents a total annual volatility of 0.0069 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0796 to the December average rate of 0.0834, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0848 was up 3.62% compared to the 2012 peak of 0.0818, 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 424 SAR
2012 Average 392 SAR
Yearly Trough Low 389 SAR
Transaction Impact: A difference of 34.61 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0839
0.0785
JanuMarcMayJulySeptNove

MKD to SAR 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 0.0794, compared to 0.0818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0794
H2 Avg (Jul–Dec) 0.0818

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0032 SAR (High: 0.0814 / Low: 0.0781). On the other end, January was the most stable month, with a tight range of 0.0002 SAR (High: 0.0796 / Low: 0.0794).

June Spread (Volatile) ±0.0032
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 0.0825) against the same month in 2012 (average: 0.0785), the exchange rate shifted by +0.0040 (+5.13%).

2013 Avg (November) 0.0825
2012 Avg (November) 0.0785

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0796 0.0794 0.0796
February 0.0800 0.0796 0.0797
March 0.0802 0.0782 0.0792
April 0.0799 0.0779 0.0792
May 0.0797 0.0780 0.0789
June 0.0814 0.0781 0.0800
July 0.0807 0.0782 0.0797
August 0.0815 0.0806 0.0810
September 0.0824 0.0800 0.0812
October 0.0842 0.0823 0.0831
November 0.0848 0.0816 0.0825
December 0.0841 0.0824 0.0834