2014 BDT to MKD Historical Review

YEARLY HIGH

0.6490 MKD

YEARLY LOW

0.5687 MKD

YEARLY AVERAGE

0.5983 MKD

2014 BDT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BDT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6490. Conversely, the yearly low was recorded on March 13, dropping to 0.5687.

This high-to-low spread represents a total annual volatility of 0.0803 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5816 to the December average rate of 0.6440, the exchange rate registered a net change of 10.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6490 was up 4.66% compared to the 2013 peak of 0.6201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,245 MKD

2013 Average 2,979 MKD

Yearly Trough Low 2,844 MKD

Transaction Impact: A difference of 401.40 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6510

0.5671

JanuMarcMayJulySeptNove

BDT 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 0.5790, compared to 0.6177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0387 points.

H1 Avg (Jan–Jun) 0.5790

H2 Avg (Jul–Dec) 0.6177

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0284 MKD (High: 0.6323 / Low: 0.6039). On the other end, June was the most stable month, with a tight range of 0.0035 MKD (High: 0.5854 / Low: 0.5818).

September Spread (Volatile) ±0.0284

June Spread (Stable) ±0.0035

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 0.0079 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.6440) against the same month in 2013 (average: 0.5790), the exchange rate shifted by +0.0650 (+11.22%).

2014 Avg (December) 0.6440

2013 Avg (December) 0.5790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5865	0.5755	0.5816
February	0.5881	0.5766	0.5819
March	0.5781	0.5687	0.5741
April	0.5792	0.5712	0.5744
May	0.5845	0.5698	0.5778
June	0.5854	0.5818	0.5840
July	0.5866	0.5802	0.5846
August	0.6032	0.5866	0.5949
September	0.6323	0.6039	0.6149
October	0.6324	0.6230	0.6282
November	0.6442	0.6342	0.6396
December	0.6490	0.6370	0.6440