2014 KPW to MKD Historical Review

YEARLY HIGH

0.0562 MKD

YEARLY LOW

0.0492 MKD

YEARLY AVERAGE

0.0516 MKD

2014 KPW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KPW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0562. Conversely, the yearly low was recorded on May 7, dropping to 0.0492.

This high-to-low spread represents a total annual volatility of 0.0071 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0502 to the December average rate of 0.0555, the exchange rate registered a net change of 10.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0562 was up 5.06% compared to the 2013 peak of 0.0535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 281 MKD

2013 Average 259 MKD

Yearly Trough Low 246 MKD

Transaction Impact: A difference of 35.30 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0561

0.0490

JanuMarcMayJulySeptNove

KPW 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 0.0499, compared to 0.0532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0499

H2 Avg (Jul–Dec) 0.0532

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0024 MKD (High: 0.0543 / Low: 0.0519). On the other end, June was the most stable month, with a tight range of 0.0003 MKD (High: 0.0505 / Low: 0.0502).

September Spread (Volatile) ±0.0024

June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0006 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0555) against the same month in 2013 (average: 0.0500), the exchange rate shifted by +0.0056 (+11.11%).

2014 Avg (December) 0.0555

2013 Avg (December) 0.0500

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0506	0.0496	0.0502
February	0.0507	0.0497	0.0502
March	0.0499	0.0492	0.0496
April	0.0500	0.0493	0.0496
May	0.0503	0.0492	0.0498
June	0.0505	0.0502	0.0503
July	0.0505	0.0501	0.0504
August	0.0519	0.0505	0.0512
September	0.0543	0.0519	0.0529
October	0.0544	0.0536	0.0540
November	0.0553	0.0545	0.0550
December	0.0562	0.0548	0.0555