2013 MKD to VUV Historical Review

YEARLY HIGH

2.1766 VUV

YEARLY LOW

1.8976 VUV

YEARLY AVERAGE

2.0184 VUV

2013 MKD to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.1766. Conversely, the yearly low was recorded on April 4, dropping to 1.8976.

This high-to-low spread represents a total annual volatility of 0.2790 VUV. From a start-to-finish perspective, comparing the January average rate of 1.9203 to the December average rate of 2.1371, the exchange rate registered a net change of 11.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.1766 was up 9.94% compared to the 2012 peak of 1.9797, 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 10,883 VUV

2012 Average 9,532 VUV

Yearly Trough Low 9,488 VUV

Transaction Impact: A difference of 1,395.01 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.1593

1.8924

JanuMarcMayJulySeptNove

MKD to VUV 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 1.9452, compared to 2.0915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1463 points.

H1 Avg (Jan–Jun) 1.9452

H2 Avg (Jul–Dec) 2.0915

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.1235 VUV (High: 2.0662 / Low: 1.9427). On the other end, May was the most stable month, with a tight range of 0.0290 VUV (High: 1.9642 / Low: 1.9352).

June Spread (Volatile) ±0.1235

May Spread (Stable) ±0.0290

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0114 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 2.1371) against the same month in 2012 (average: 1.9262), the exchange rate shifted by +0.2109 (+10.95%).

2013 Avg (December) 2.1371

2012 Avg (December) 1.9262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9420	1.9006	1.9203
February	1.9426	1.9014	1.9147
March	1.9558	1.9124	1.9321
April	1.9505	1.8976	1.9306
May	1.9642	1.9352	1.9505
June	2.0662	1.9427	2.0229
July	2.0710	2.0078	2.0463
August	2.1229	2.0683	2.0947
September	2.1100	2.0614	2.0834
October	2.1086	2.0769	2.0979
November	2.1589	2.0601	2.0896
December	2.1766	2.0828	2.1371