2014 CRC to MKD Historical Review

YEARLY HIGH

0.0941 MKD

YEARLY LOW

0.0792 MKD

YEARLY AVERAGE

0.0865 MKD

2014 CRC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CRC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0941. Conversely, the yearly low was recorded on March 12, dropping to 0.0792.

This high-to-low spread represents a total annual volatility of 0.0149 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0901 to the December average rate of 0.0932, the exchange rate registered a net change of 3.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0941 was down 2.40% compared to the 2013 peak of 0.0965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 471 MKD

2013 Average 464 MKD

Yearly Trough Low 396 MKD

Transaction Impact: A difference of 74.67 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0944

0.0799

JanuMarcMayJulySeptNove

CRC 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 0.0843, compared to 0.0887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.0843

H2 Avg (Jul–Dec) 0.0887

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0092 MKD (High: 0.0884 / Low: 0.0792). On the other end, October was the most stable month, with a tight range of 0.0014 MKD (High: 0.0907 / Low: 0.0893).

March Spread (Volatile) ±0.0092

October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0055 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0932) against the same month in 2013 (average: 0.0902), the exchange rate shifted by +0.0030 (+3.30%).

2014 Avg (December) 0.0932

2013 Avg (December) 0.0902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0910	0.0892	0.0901
February	0.0892	0.0873	0.0884
March	0.0884	0.0792	0.0828
April	0.0822	0.0807	0.0814
May	0.0820	0.0799	0.0811
June	0.0830	0.0815	0.0820
July	0.0845	0.0829	0.0841
August	0.0863	0.0841	0.0852
September	0.0906	0.0863	0.0881
October	0.0907	0.0893	0.0901
November	0.0924	0.0908	0.0918
December	0.0941	0.0921	0.0932