2014 CLP to MKD Historical Review

YEARLY HIGH

0.0855 MKD

YEARLY LOW

0.0772 MKD

YEARLY AVERAGE

0.0814 MKD

2014 CLP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0855. Conversely, the yearly low was recorded on March 13, dropping to 0.0772.

This high-to-low spread represents a total annual volatility of 0.0083 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0840 to the December average rate of 0.0816, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0855 was down 16.38% compared to the 2013 peak of 0.1022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 85,501 MKD

2013 Average 94,127 MKD

Yearly Trough Low 77,198 MKD

Transaction Impact: A difference of 8,302.58 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0845

0.0787

JanuMarcMayJulySeptNove

CLP 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 0.0813, compared to 0.0814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0813

H2 Avg (Jul–Dec) 0.0814

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0043 MKD (High: 0.0815 / Low: 0.0772). On the other end, June was the most stable month, with a tight range of 0.0013 MKD (High: 0.0824 / Low: 0.0812).

March Spread (Volatile) ±0.0043

June Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0840) against the same month in 2013 (average: 0.0997), the exchange rate shifted by -0.0156 (-15.70%).

2014 Avg (January) 0.0840

2013 Avg (January) 0.0997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0855	0.0818	0.0840
February	0.0824	0.0800	0.0816
March	0.0815	0.0772	0.0792
April	0.0817	0.0789	0.0803
May	0.0825	0.0783	0.0807
June	0.0824	0.0812	0.0819
July	0.0826	0.0795	0.0812
August	0.0800	0.0786	0.0796
September	0.0816	0.0792	0.0802
October	0.0849	0.0818	0.0826
November	0.0852	0.0812	0.0834
December	0.0835	0.0795	0.0816