YEARLY HIGH
0.3056 MKD
YEARLY LOW
0.2769 MKD
YEARLY AVERAGE
0.2923 MKD

2013 NGN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.3056. Conversely, the yearly low was recorded on December 30, dropping to 0.2769.

This high-to-low spread represents a total annual volatility of 0.0288 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3006 to the December average rate of 0.2826, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.3056 was down 4.41% compared to the 2012 peak of 0.3197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 305,633 MKD
2012 Average 301,827 MKD
Yearly Trough Low 276,861 MKD
Transaction Impact: A difference of 28,772.57 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.3025
0.2801
JanuMarcMayJulySeptNove

NGN 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 0.2985, compared to 0.2860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.2985
H2 Avg (Jul–Dec) 0.2860

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0168 MKD (High: 0.3036 / Low: 0.2867). On the other end, February was the most stable month, with a tight range of 0.0037 MKD (High: 0.2998 / Low: 0.2961).

June Spread (Volatile) ±0.0168
February Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 0.2994) against the same month in 2012 (average: 0.2965), the exchange rate shifted by +0.0029 (+0.99%).

2013 Avg (April) 0.2994
2012 Avg (April) 0.2965

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3031 0.2993 0.3006
February 0.2998 0.2961 0.2990
March 0.3026 0.2956 0.2991
April 0.3056 0.2959 0.2994
May 0.3042 0.2977 0.3006
June 0.3036 0.2867 0.2925
July 0.2984 0.2889 0.2921
August 0.2914 0.2840 0.2878
September 0.2877 0.2829 0.2853
October 0.2846 0.2806 0.2820
November 0.2897 0.2788 0.2863
December 0.2870 0.2769 0.2826