2014 DZD to MKD Historical Review

YEARLY HIGH

0.5905 MKD

YEARLY LOW

0.5639 MKD

YEARLY AVERAGE

0.5755 MKD

2014 DZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.5905. Conversely, the yearly low was recorded on May 7, dropping to 0.5639.

This high-to-low spread represents a total annual volatility of 0.0266 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5764 to the December average rate of 0.5744, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5905 was down 2.83% compared to the 2013 peak of 0.6077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,952 MKD

2013 Average 2,922 MKD

Yearly Trough Low 2,819 MKD

Transaction Impact: A difference of 132.81 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5883

0.5648

JanuMarcMayJulySeptNove

DZD 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 0.5723, compared to 0.5788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.5723

H2 Avg (Jul–Dec) 0.5788

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0171 MKD (High: 0.5905 / Low: 0.5734). On the other end, June was the most stable month, with a tight range of 0.0035 MKD (High: 0.5727 / Low: 0.5691).

November Spread (Volatile) ±0.0171

June Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0086 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.5831) against the same month in 2013 (average: 0.5648), the exchange rate shifted by +0.0183 (+3.24%).

2014 Avg (November) 0.5831

2013 Avg (November) 0.5648

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5814	0.5698	0.5764
February	0.5823	0.5756	0.5788
March	0.5777	0.5700	0.5732
April	0.5719	0.5641	0.5668
May	0.5715	0.5639	0.5677
June	0.5727	0.5691	0.5710
July	0.5719	0.5683	0.5704
August	0.5807	0.5687	0.5760
September	0.5895	0.5815	0.5863
October	0.5873	0.5778	0.5824
November	0.5905	0.5734	0.5831
December	0.5793	0.5717	0.5744