YEARLY HIGH
8.6380 MKD
YEARLY LOW
7.2454 MKD
YEARLY AVERAGE
7.9286 MKD

2013 NOK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NOK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 8.6380. Conversely, the yearly low was recorded on December 12, dropping to 7.2454.

This high-to-low spread represents a total annual volatility of 1.3926 MKD. From a start-to-finish perspective, comparing the January average rate of 8.4815 to the December average rate of 7.3185, the exchange rate registered a net change of -13.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 8.6380 was down 0.39% compared to the 2012 peak of 8.6718, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43,190 MKD
2012 Average 41,189 MKD
Yearly Trough Low 36,227 MKD
Transaction Impact: A difference of 6,962.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

8.5978
7.2022
JanuMarcMayJulySeptNove

NOK 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 8.2448, compared to 7.6124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6324 points.

H1 Avg (Jan–Jun) 8.2448
H2 Avg (Jul–Dec) 7.6124

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.5830 MKD (High: 8.2504 / Low: 7.6673). On the other end, October was the most stable month, with a tight range of 0.0981 MKD (High: 7.6334 / Low: 7.5353).

June Spread (Volatile) ±0.5830
October Spread (Stable) ±0.0981

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 February and March, when the average rate fell by 0.2690 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.2690

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 8.4685) against the same month in 2012 (average: 8.1453), the exchange rate shifted by +0.3231 (+3.97%).

2013 Avg (February) 8.4685
2012 Avg (February) 8.1453

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.6065 8.4051 8.4815
February 8.6380 8.1979 8.4685
March 8.3145 8.1294 8.1995
April 8.3355 7.9964 8.1829
May 8.2429 8.0763 8.1582
June 8.2504 7.6673 7.9782
July 7.9205 7.5751 7.8033
August 7.9404 7.5706 7.7726
September 7.8959 7.5757 7.7262
October 7.6334 7.5353 7.5805
November 7.5968 7.4130 7.4734
December 7.4331 7.2454 7.3185