2013 ZAR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 ZAR to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the ZAR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 5.5776. Conversely, the yearly low was recorded on December 29, dropping to 4.2320.
This high-to-low spread represents a total annual volatility of 1.3456 MKD. From a start-to-finish perspective, comparing the January average rate of 5.3730 to the December average rate of 4.3393, the exchange rate registered a net change of -19.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 5.5776 was down 10.45% compared to the 2012 peak of 6.2286, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
ZAR to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.1360, compared to 4.5546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5814 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was May, with a trading range of 0.4987 MKD (High: 5.2851 / Low: 4.7864). On the other end, March was the most stable month, with a tight range of 0.1103 MKD (High: 5.2114 / Low: 5.1011).
Growth Streaks & Declines
TrendsNo 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 0.4227 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2013: 5.3730) against the same month in 2012 (average: 5.9479), the exchange rate shifted by -0.5748 (-9.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.5776 | 5.2107 | 5.3730 |
| February | 5.3468 | 5.2182 | 5.3021 |
| March | 5.2114 | 5.1011 | 5.1570 |
| April | 5.3452 | 5.0962 | 5.2053 |
| May | 5.2851 | 4.7864 | 5.1007 |
| June | 4.8735 | 4.5580 | 4.6780 |
| July | 4.8033 | 4.6421 | 4.7430 |
| August | 4.7368 | 4.4371 | 4.6038 |
| September | 4.7659 | 4.5191 | 4.6284 |
| October | 4.6088 | 4.4582 | 4.5557 |
| November | 4.5137 | 4.3595 | 4.4576 |
| December | 4.4681 | 4.2320 | 4.3393 |