YEARLY HIGH
1.6188 MKD
YEARLY LOW
1.4828 MKD
YEARLY AVERAGE
1.5556 MKD

2013 MZN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MZN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 1.6188. Conversely, the yearly low was recorded on November 4, dropping to 1.4828.

This high-to-low spread represents a total annual volatility of 0.1360 MKD. From a start-to-finish perspective, comparing the January average rate of 1.5885 to the December average rate of 1.5006, the exchange rate registered a net change of -5.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.6188 was down 11.42% compared to the 2012 peak of 1.8276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MZN based on timing:

Yearly Peak High 8,094 MKD
2012 Average 8,522 MKD
Yearly Trough Low 7,414 MKD
Transaction Impact: A difference of 680.23 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.5973
1.4918
JanuMarcMayJulySeptNove

MZN to MKD 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 1.5759, compared to 1.5353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0406 points.

H1 Avg (Jan–Jun) 1.5759
H2 Avg (Jul–Dec) 1.5353

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0750 MKD (High: 1.6163 / Low: 1.5413). On the other end, August was the most stable month, with a tight range of 0.0190 MKD (High: 1.5605 / Low: 1.5416).

February Spread (Volatile) ±0.0750
August Spread (Stable) ±0.0190

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0327 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0327

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 1.5835) against the same month in 2012 (average: 1.7433), the exchange rate shifted by -0.1598 (-9.17%).

2013 Avg (May) 1.5835
2012 Avg (May) 1.7433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6106 1.5479 1.5885
February 1.6163 1.5413 1.5639
March 1.6057 1.5617 1.5802
April 1.6060 1.5361 1.5634
May 1.6188 1.5511 1.5835
June 1.6146 1.5520 1.5759
July 1.6083 1.5540 1.5756
August 1.5605 1.5416 1.5521
September 1.5758 1.5255 1.5489
October 1.5365 1.4957 1.5163
November 1.5377 1.4828 1.5182
December 1.5183 1.4876 1.5006