2014 EGP to MKD Historical Review

YEARLY HIGH

7.0745 MKD

YEARLY LOW

6.2951 MKD

YEARLY AVERAGE

6.5498 MKD

2014 EGP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the EGP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 7.0745. Conversely, the yearly low was recorded on May 7, dropping to 6.2951.

This high-to-low spread represents a total annual volatility of 0.7794 MKD. From a start-to-finish perspective, comparing the January average rate of 6.4894 to the December average rate of 6.9866, the exchange rate registered a net change of 7.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 7.0745 was down 4.92% compared to the 2013 peak of 7.4407, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,373 MKD

2013 Average 33,860 MKD

Yearly Trough Low 31,476 MKD

Transaction Impact: A difference of 3,896.96 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

7.0526

6.2608

JanuMarcMayJulySeptNove

EGP 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 6.4059, compared to 6.6936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2877 points.

H1 Avg (Jan–Jun) 6.4059

H2 Avg (Jul–Dec) 6.6936

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.2993 MKD (High: 6.8365 / Low: 6.5372). On the other end, June was the most stable month, with a tight range of 0.0336 MKD (High: 6.3532 / Low: 6.3196).

September Spread (Volatile) ±0.2993

June Spread (Stable) ±0.0336

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 0.0831 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 6.9866) against the same month in 2013 (average: 6.5161), the exchange rate shifted by +0.4705 (+7.22%).

2014 Avg (December) 6.9866

2013 Avg (December) 6.5161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5398	6.4289	6.4894
February	6.5539	6.4303	6.4888
March	6.4479	6.3575	6.4058
April	6.4545	6.3477	6.3875
May	6.3616	6.2951	6.3268
June	6.3532	6.3196	6.3370
July	6.3718	6.3040	6.3475
August	6.5241	6.3601	6.4493
September	6.8365	6.5372	6.6609
October	6.8457	6.7394	6.7981
November	6.9642	6.8637	6.9192
December	7.0745	6.8971	6.9866