2013 TND to MKD Historical Review

YEARLY HIGH

30.6516 MKD

YEARLY LOW

26.7177 MKD

YEARLY AVERAGE

28.6649 MKD

2013 TND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 30.6516. Conversely, the yearly low was recorded on November 4, dropping to 26.7177.

This high-to-low spread represents a total annual volatility of 3.9338 MKD. From a start-to-finish perspective, comparing the January average rate of 30.3050 to the December average rate of 27.0864, the exchange rate registered a net change of -10.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 30.6516 was down 3.51% compared to the 2012 peak of 31.7651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 153,258 MKD

2012 Average 153,413 MKD

Yearly Trough Low 133,589 MKD

Transaction Impact: A difference of 19,669.21 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

30.6269

26.7645

JanuMarcMayJulySeptNove

TND 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 29.6071, compared to 27.7227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8844 points.

H1 Avg (Jan–Jun) 29.6071

H2 Avg (Jul–Dec) 27.7227

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.0143 MKD (High: 29.3617 / Low: 28.3474). On the other end, August was the most stable month, with a tight range of 0.3865 MKD (High: 28.3274 / Low: 27.9409).

June Spread (Volatile) ±1.0143

August Spread (Stable) ±0.3865

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 April and May, when the average rate fell by 0.7670 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.7670

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 30.2193) against the same month in 2012 (average: 30.9980), the exchange rate shifted by -0.7787 (-2.51%).

2013 Avg (February) 30.2193

2012 Avg (February) 30.9980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.6111	30.0916	30.3050
February	30.6516	29.6953	30.2193
March	30.2072	29.4704	29.9133
April	30.1738	29.2696	29.6368
May	29.3633	28.3952	28.8697
June	29.3617	28.3474	28.6985
July	28.8221	28.0698	28.3277
August	28.3274	27.9409	28.1348
September	28.3676	27.6012	28.0155
October	27.6874	27.1921	27.4941
November	27.5612	26.7177	27.2777
December	27.2826	26.8355	27.0864