YEARLY HIGH
5.5715 MKD
YEARLY LOW
4.2435 MKD
YEARLY AVERAGE
4.8448 MKD

2013 SZL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the SZL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 5.5715. Conversely, the yearly low was recorded on December 29, dropping to 4.2435.

This high-to-low spread represents a total annual volatility of 1.3280 MKD. From a start-to-finish perspective, comparing the January average rate of 5.3756 to the December average rate of 4.3362, the exchange rate registered a net change of -19.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 5.5715 was down 10.49% compared to the 2012 peak of 6.2247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,858 MKD
2012 Average 29,225 MKD
Yearly Trough Low 21,218 MKD
Transaction Impact: A difference of 6,639.96 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

5.4796
4.2323
JanuMarcMayJulySeptNove

SZL 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 5.1353, compared to 4.5543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5810 points.

H1 Avg (Jan–Jun) 5.1353
H2 Avg (Jul–Dec) 4.5543

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.4858 MKD (High: 5.2667 / Low: 4.7809). On the other end, March was the most stable month, with a tight range of 0.0776 MKD (High: 5.1966 / Low: 5.1190).

May Spread (Volatile) ±0.4858
March Spread (Stable) ±0.0776

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 0.4219 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 5.3756) against the same month in 2012 (average: 5.9462), the exchange rate shifted by -0.5706 (-9.60%).

2013 Avg (January) 5.3756
2012 Avg (January) 5.9462

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.5715 5.2213 5.3756
February 5.3511 5.2583 5.2945
March 5.1966 5.1190 5.1569
April 5.3483 5.0995 5.2045
May 5.2667 4.7809 5.1010
June 4.8870 4.5523 4.6792
July 4.8133 4.6461 4.7453
August 4.7378 4.4360 4.6061
September 4.7551 4.5028 4.6265
October 4.6133 4.4620 4.5541
November 4.5149 4.3508 4.4578
December 4.4578 4.2435 4.3362