2013 MKD to VEF Historical Review

YEARLY HIGH

0.1423 VEF

YEARLY LOW

0.0901 VEF

YEARLY AVERAGE

0.1255 VEF

2013 MKD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.1423. Conversely, the yearly low was recorded on March 24, dropping to 0.0901.

This high-to-low spread represents a total annual volatility of 0.0522 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0911 to the December average rate of 0.1399, the exchange rate registered a net change of 53.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1423 was up 51.73% compared to the 2012 peak of 0.0938, 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 711 VEF

2012 Average 448 VEF

Yearly Trough Low 451 VEF

Transaction Impact: A difference of 260.77 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1448

0.0863

JanuMarcMayJulySeptNove

MKD to VEF 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 0.1137, compared to 0.1373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0236 points.

H1 Avg (Jan–Jun) 0.1137

H2 Avg (Jul–Dec) 0.1373

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.0415 VEF (High: 0.1316 / Low: 0.0901). On the other end, January was the most stable month, with a tight range of 0.0003 VEF (High: 0.0912 / Low: 0.0910).

March Spread (Volatile) ±0.0415

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, 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 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 0.1384) against the same month in 2012 (average: 0.0898), the exchange rate shifted by +0.0486 (+54.09%).

2013 Avg (November) 0.1384

2012 Avg (November) 0.0898

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0912	0.0910	0.0911
February	0.0915	0.0912	0.0912
March	0.1316	0.0901	0.1001
April	0.1340	0.1307	0.1328
May	0.1337	0.1309	0.1324
June	0.1365	0.1311	0.1343
July	0.1354	0.1313	0.1337
August	0.1368	0.1352	0.1358
September	0.1383	0.1341	0.1362
October	0.1412	0.1382	0.1395
November	0.1423	0.1369	0.1384
December	0.1410	0.1383	0.1399