2014 KWD to MKD Historical Review

YEARLY HIGH

172.7268 MKD

YEARLY LOW

157.1822 MKD

YEARLY AVERAGE

162.9221 MKD

2014 KWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 172.7268. Conversely, the yearly low was recorded on March 13, dropping to 157.1822.

This high-to-low spread represents a total annual volatility of 15.5446 MKD. From a start-to-finish perspective, comparing the January average rate of 159.8549 to the December average rate of 170.9778, the exchange rate registered a net change of 6.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 172.7268 was up 2.47% compared to the 2013 peak of 168.5684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 863,634 MKD

2013 Average 819,664 MKD

Yearly Trough Low 785,911 MKD

Transaction Impact: A difference of 77,722.98 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

172.2392

157.1025

JanuMarcMayJulySeptNove

KWD 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 159.4320, compared to 166.4122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9802 points.

H1 Avg (Jan–Jun) 159.4320

H2 Avg (Jul–Dec) 166.4122

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 5.5302 MKD (High: 169.5724 / Low: 164.0423). On the other end, June was the most stable month, with a tight range of 0.7389 MKD (High: 161.0098 / Low: 160.2709).

September Spread (Volatile) ±5.5302

June Spread (Stable) ±0.7389

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 1.6882 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.6882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 170.9778) against the same month in 2013 (average: 159.0956), the exchange rate shifted by +11.8823 (+7.47%).

2014 Avg (December) 170.9778

2013 Avg (December) 159.0956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	161.1126	158.1299	159.8549
February	161.3337	158.9517	160.0521
March	159.2928	157.1822	158.3639
April	159.5034	157.8252	158.4985
May	160.5925	157.5755	159.1973
June	161.0098	160.2709	160.6254
July	160.9876	159.9700	160.6855
August	163.9879	160.5822	162.5333
September	169.5724	164.0423	166.0944
October	169.5852	166.8841	168.2645
November	170.5042	168.8485	169.9175
December	172.7268	169.0219	170.9778