2013 MKD to STD Historical Review

YEARLY HIGH

411.2842 STD

YEARLY LOW

381.7105 STD

YEARLY AVERAGE

397.0258 STD

2013 MKD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 411.2842. Conversely, the yearly low was recorded on February 3, dropping to 381.7105.

This high-to-low spread represents a total annual volatility of 29.5737 STD. From a start-to-finish perspective, comparing the January average rate of 391.8288 to the December average rate of 398.6403, the exchange rate registered a net change of 1.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 411.2842 was down 0.49% compared to the 2012 peak of 413.3154, 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 2,056,421 STD

2012 Average 1,996,693 STD

Yearly Trough Low 1,908,552 STD

Transaction Impact: A difference of 147,868.66 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

401.2992

388.8247

JanuMarcMayJulySeptNove

MKD to STD 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 395.5435, compared to 398.5081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9646 points.

H1 Avg (Jan–Jun) 395.5435

H2 Avg (Jul–Dec) 398.5081

Volatility Range Comparison

Volatility

The most volatile month in 2013 was November, with a trading range of 17.3971 STD (High: 411.2842 / Low: 393.8871). On the other end, December was the most stable month, with a tight range of 3.5483 STD (High: 400.6387 / Low: 397.0904).

November Spread (Volatile) ±17.3971

December Spread (Stable) ±3.5483

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 2.1999 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.1999

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 400.2596) against the same month in 2012 (average: 399.9079), the exchange rate shifted by +0.3517 (+0.09%).

2013 Avg (November) 400.2596

2012 Avg (November) 399.9079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	396.6926	384.0444	391.8288
February	398.8653	381.7105	389.8643
March	403.1902	394.0505	399.2026
April	401.4715	392.9680	398.0151
May	400.9968	389.8303	396.8694
June	403.6944	389.4426	397.4808
July	405.6754	394.7526	398.9345
August	400.3155	386.7778	396.7346
September	400.0408	393.2209	397.6800
October	401.2611	397.0121	398.7998
November	411.2842	393.8871	400.2596
December	400.6387	397.0904	398.6403