2013 MKD to ZAR Historical Review

YEARLY HIGH

0.2363 ZAR

YEARLY LOW

0.1793 ZAR

YEARLY AVERAGE

0.2075 ZAR

2013 MKD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.2363. Conversely, the yearly low was recorded on January 1, dropping to 0.1793.

This high-to-low spread represents a total annual volatility of 0.0570 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1862 to the December average rate of 0.2305, the exchange rate registered a net change of 23.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.2363 was up 25.45% compared to the 2012 peak of 0.1884, 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 1,181 ZAR

2012 Average 857 ZAR

Yearly Trough Low 896 ZAR

Transaction Impact: A difference of 285.03 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.2349

0.1818

JanuMarcMayJulySeptNove

MKD to ZAR 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 0.1952, compared to 0.2198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 0.1952

H2 Avg (Jul–Dec) 0.2198

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0197 ZAR (High: 0.2089 / Low: 0.1892). On the other end, March was the most stable month, with a tight range of 0.0041 ZAR (High: 0.1960 / Low: 0.1919).

May Spread (Volatile) ±0.0197

March Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.2305) against the same month in 2012 (average: 0.1827), the exchange rate shifted by +0.0477 (+26.13%).

2013 Avg (December) 0.2305

2012 Avg (December) 0.1827

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1919	0.1793	0.1862
February	0.1916	0.1870	0.1886
March	0.1960	0.1919	0.1939
April	0.1962	0.1871	0.1921
May	0.2089	0.1892	0.1962
June	0.2194	0.2052	0.2138
July	0.2154	0.2082	0.2109
August	0.2254	0.2111	0.2173
September	0.2213	0.2098	0.2161
October	0.2243	0.2170	0.2195
November	0.2294	0.2215	0.2244
December	0.2363	0.2238	0.2305