2014 DOP to MKD Historical Review

YEARLY HIGH

1.1416 MKD

YEARLY LOW

1.0224 MKD

YEARLY AVERAGE

1.0687 MKD

2014 DOP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DOP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.1416. Conversely, the yearly low was recorded on March 13, dropping to 1.0224.

This high-to-low spread represents a total annual volatility of 0.1191 MKD. From a start-to-finish perspective, comparing the January average rate of 1.0555 to the December average rate of 1.1300, the exchange rate registered a net change of 7.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1416 was down 3.29% compared to the 2013 peak of 1.1804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,708 MKD

2013 Average 5,590 MKD

Yearly Trough Low 5,112 MKD

Transaction Impact: A difference of 595.67 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1396

1.0244

JanuMarcMayJulySeptNove

DOP 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 1.0428, compared to 1.0945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0517 points.

H1 Avg (Jan–Jun) 1.0428

H2 Avg (Jul–Dec) 1.0945

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0485 MKD (High: 1.1219 / Low: 1.0734). On the other end, June was the most stable month, with a tight range of 0.0066 MKD (High: 1.0484 / Low: 1.0417).

September Spread (Volatile) ±0.0485

June Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0154 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.1300) against the same month in 2013 (average: 1.0562), the exchange rate shifted by +0.0738 (+6.99%).

2014 Avg (December) 1.1300

2013 Avg (December) 1.0562

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0616	1.0473	1.0555
February	1.0617	1.0358	1.0494
March	1.0430	1.0224	1.0340
April	1.0461	1.0288	1.0347
May	1.0490	1.0241	1.0380
June	1.0484	1.0417	1.0452
July	1.0471	1.0378	1.0438
August	1.0751	1.0422	1.0605
September	1.1219	1.0734	1.0921
October	1.1235	1.0989	1.1129
November	1.1401	1.1178	1.1278
December	1.1416	1.1152	1.1300