2014 ANG to MKD Historical Review

YEARLY HIGH

28.2690 MKD

YEARLY LOW

24.7377 MKD

YEARLY AVERAGE

25.9632 MKD

2014 ANG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ANG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 28.2690. Conversely, the yearly low was recorded on March 13, dropping to 24.7377.

This high-to-low spread represents a total annual volatility of 3.5313 MKD. From a start-to-finish perspective, comparing the January average rate of 25.2532 to the December average rate of 27.9520, the exchange rate registered a net change of 10.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 28.2690 was up 4.95% compared to the 2013 peak of 26.9364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141,345 MKD

2013 Average 130,209 MKD

Yearly Trough Low 123,689 MKD

Transaction Impact: A difference of 17,656.47 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

28.2543

24.6264

JanuMarcMayJulySeptNove

ANG 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 25.1391, compared to 26.7874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6483 points.

H1 Avg (Jan–Jun) 25.1391

H2 Avg (Jul–Dec) 26.7874

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 1.1974 MKD (High: 27.3609 / Low: 26.1635). On the other end, June was the most stable month, with a tight range of 0.1513 MKD (High: 25.4383 / Low: 25.2870).

September Spread (Volatile) ±1.1974

June Spread (Stable) ±0.1513

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3291 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.3291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 27.9520) against the same month in 2013 (average: 25.1356), the exchange rate shifted by +2.8164 (+11.20%).

2014 Avg (December) 27.9520

2013 Avg (December) 25.1356

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.4528	24.9716	25.2532
February	25.5096	25.0609	25.2578
March	25.0879	24.7377	24.9287
April	25.1509	24.8173	24.9452
May	25.3472	24.7534	25.0887
June	25.4383	25.2870	25.3610
July	25.4485	25.2260	25.3932
August	26.1267	25.4464	25.8115
September	27.3609	26.1635	26.6595
October	27.3990	26.9754	27.2214
November	27.8395	27.4676	27.6866
December	28.2690	27.5892	27.9520