YEARLY HIGH
20.9215 CDF
YEARLY LOW
19.0059 CDF
YEARLY AVERAGE
19.8313 CDF

2013 MKD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MKD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 20.9215. Conversely, the yearly low was recorded on April 4, dropping to 19.0059.

This high-to-low spread represents a total annual volatility of 1.9156 CDF. From a start-to-finish perspective, comparing the January average rate of 19.5515 to the December average rate of 20.5327, the exchange rate registered a net change of 5.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 20.9215 was up 4.44% compared to the 2012 peak of 20.0312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104,608 CDF
2012 Average 96,040 CDF
Yearly Trough Low 95,029 CDF
Transaction Impact: A difference of 9,578.22 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

20.6479
19.2657
JanuMarcMayJulySeptNove

MKD to CDF 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 19.5189, compared to 20.1437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6248 points.

H1 Avg (Jan–Jun) 19.5189
H2 Avg (Jul–Dec) 20.1437

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.8847 CDF (High: 20.0513 / Low: 19.1666). On the other end, February was the most stable month, with a tight range of 0.1177 CDF (High: 19.6109 / Low: 19.4933).

June Spread (Volatile) ±0.8847
February Spread (Stable) ±0.1177

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.1790 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2013: 20.3312) against the same month in 2012 (average: 19.3889), the exchange rate shifted by +0.9423 (+4.86%).

2013 Avg (November) 20.3312
2012 Avg (November) 19.3889

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.6645 19.4542 19.5515
February 19.6109 19.4933 19.5360
March 19.7021 19.2302 19.5426
April 19.6699 19.0059 19.4347
May 19.6658 19.1340 19.3809
June 20.0513 19.1666 19.6675
July 19.8057 19.0724 19.5802
August 20.0751 19.6751 19.8775
September 20.3424 19.7162 20.0305
October 20.7887 20.2883 20.5102
November 20.9215 20.0377 20.3312
December 20.8230 20.2751 20.5327