2013 PEN to MKD Historical Review

YEARLY HIGH

18.6577 MKD

YEARLY LOW

15.9049 MKD

YEARLY AVERAGE

17.2539 MKD

2013 PEN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the PEN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 18.6577. Conversely, the yearly low was recorded on December 29, dropping to 15.9049.

This high-to-low spread represents a total annual volatility of 2.7528 MKD. From a start-to-finish perspective, comparing the January average rate of 18.4800 to the December average rate of 16.1385, the exchange rate registered a net change of -12.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 18.6577 was down 3.18% compared to the 2012 peak of 19.2711, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93,289 MKD

2012 Average 90,845 MKD

Yearly Trough Low 79,525 MKD

Transaction Impact: A difference of 13,763.98 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

18.7141

15.9043

JanuMarcMayJulySeptNove

PEN 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 18.0424, compared to 16.4653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5771 points.

H1 Avg (Jan–Jun) 18.0424

H2 Avg (Jul–Dec) 16.4653

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.0831 MKD (High: 17.6865 / Low: 16.6034). On the other end, January was the most stable month, with a tight range of 0.2465 MKD (High: 18.5732 / Low: 18.3267).

June Spread (Volatile) ±1.0831

January Spread (Stable) ±0.2465

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 May and June, when the average rate fell by 0.9381 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.9381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 18.2471) against the same month in 2012 (average: 17.5629), the exchange rate shifted by +0.6842 (+3.90%).

2013 Avg (April) 18.2471

2012 Avg (April) 17.5629

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5732	18.3267	18.4800
February	18.3606	18.0356	18.2439
March	18.5202	17.9836	18.2555
April	18.6577	17.8653	18.2471
May	18.1911	17.7157	17.9830
June	17.6865	16.6034	17.0449
July	17.3571	16.6614	16.9466
August	16.7203	16.3512	16.5385
September	16.7688	16.3901	16.6240
October	16.4587	16.1231	16.2870
November	16.4164	15.9224	16.2574
December	16.2648	15.9049	16.1385