2014 INR to MKD Historical Review

YEARLY HIGH

0.8092 MKD

YEARLY LOW

0.7149 MKD

YEARLY AVERAGE

0.7607 MKD

2014 INR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the INR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.8092. Conversely, the yearly low was recorded on January 27, dropping to 0.7149.

This high-to-low spread represents a total annual volatility of 0.0943 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7284 to the December average rate of 0.7953, the exchange rate registered a net change of 9.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8092 was down 8.69% compared to the 2013 peak of 0.8861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 202,295 MKD

2013 Average 199,763 MKD

Yearly Trough Low 178,719 MKD

Transaction Impact: A difference of 23,575.87 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8098

0.7193

JanuMarcMayJulySeptNove

INR 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 0.7402, compared to 0.7811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0409 points.

H1 Avg (Jan–Jun) 0.7402

H2 Avg (Jul–Dec) 0.7811

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0369 MKD (High: 0.7735 / Low: 0.7366). On the other end, July was the most stable month, with a tight range of 0.0087 MKD (High: 0.7595 / Low: 0.7507).

May Spread (Volatile) ±0.0369

July Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0070 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.8023) against the same month in 2013 (average: 0.7265), the exchange rate shifted by +0.0758 (+10.43%).

2014 Avg (November) 0.8023

2013 Avg (November) 0.7265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7380	0.7149	0.7284
February	0.7321	0.7223	0.7268
March	0.7488	0.7217	0.7312
April	0.7503	0.7305	0.7394
May	0.7735	0.7366	0.7564
June	0.7670	0.7521	0.7589
July	0.7595	0.7507	0.7559
August	0.7715	0.7447	0.7582
September	0.7909	0.7708	0.7826
October	0.7975	0.7834	0.7925
November	0.8092	0.7941	0.8023
December	0.8061	0.7759	0.7953