2014 KGS to MKD Historical Review

YEARLY HIGH

0.9216 MKD

YEARLY LOW

0.8156 MKD

YEARLY AVERAGE

0.8679 MKD

2014 KGS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KGS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.9216. Conversely, the yearly low was recorded on April 14, dropping to 0.8156.

This high-to-low spread represents a total annual volatility of 0.1060 MKD. From a start-to-finish perspective, comparing the January average rate of 0.9091 to the December average rate of 0.8618, the exchange rate registered a net change of -5.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9216 was down 8.26% compared to the 2013 peak of 1.0046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,608 MKD

2013 Average 4,805 MKD

Yearly Trough Low 4,078 MKD

Transaction Impact: A difference of 530.24 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9180

0.8118

JanuMarcMayJulySeptNove

KGS 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 0.8607, compared to 0.8751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0143 points.

H1 Avg (Jan–Jun) 0.8607

H2 Avg (Jul–Dec) 0.8751

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0493 MKD (High: 0.9062 / Low: 0.8569). On the other end, August was the most stable month, with a tight range of 0.0123 MKD (High: 0.8919 / Low: 0.8796).

February Spread (Volatile) ±0.0493

August Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 0.0475 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.9091) against the same month in 2013 (average: 0.9923), the exchange rate shifted by -0.0832 (-8.38%).

2014 Avg (January) 0.9091

2013 Avg (January) 0.9923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9216	0.8938	0.9091
February	0.9062	0.8569	0.8800
March	0.8578	0.8227	0.8325
April	0.8322	0.8156	0.8207
May	0.8697	0.8218	0.8533
June	0.8752	0.8618	0.8687
July	0.8798	0.8655	0.8746
August	0.8919	0.8796	0.8854
September	0.8968	0.8798	0.8840
October	0.9002	0.8583	0.8825
November	0.8716	0.8534	0.8620
December	0.8715	0.8555	0.8618