2014 LRD to MKD Historical Review

YEARLY HIGH

0.5590 MKD

YEARLY LOW

0.4909 MKD

YEARLY AVERAGE

0.5262 MKD

2014 LRD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LRD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.5590. Conversely, the yearly low was recorded on July 19, dropping to 0.4909.

This high-to-low spread represents a total annual volatility of 0.0680 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5398 to the December average rate of 0.5460, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5590 was down 14.16% compared to the 2013 peak of 0.6512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,795 MKD

2013 Average 3,040 MKD

Yearly Trough Low 2,455 MKD

Transaction Impact: A difference of 340.17 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5511

0.4900

JanuMarcMayJulySeptNove

LRD 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 0.5295, compared to 0.5229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.5295

H2 Avg (Jul–Dec) 0.5229

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0446 MKD (High: 0.5443 / Low: 0.4997). On the other end, November was the most stable month, with a tight range of 0.0071 MKD (High: 0.5436 / Low: 0.5365).

June Spread (Volatile) ±0.0446

November Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0202 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.5415) against the same month in 2013 (average: 0.6372), the exchange rate shifted by -0.0957 (-15.02%).

2014 Avg (March) 0.5415

2013 Avg (March) 0.6372

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5570	0.5268	0.5398
February	0.5338	0.5236	0.5284
March	0.5590	0.5228	0.5415
April	0.5263	0.5174	0.5228
May	0.5559	0.5165	0.5292
June	0.5443	0.4997	0.5154
July	0.5014	0.4909	0.4951
August	0.5102	0.4916	0.5033
September	0.5344	0.5109	0.5206
October	0.5352	0.5269	0.5314
November	0.5436	0.5365	0.5407
December	0.5528	0.5389	0.5460