2014 MKD to AOA Historical Review

YEARLY HIGH

2.2082 AOA

YEARLY LOW

2.0026 AOA

YEARLY AVERAGE

2.1214 AOA

2014 MKD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 2.2082. Conversely, the yearly low was recorded on November 8, dropping to 2.0026.

This high-to-low spread represents a total annual volatility of 0.2057 AOA. From a start-to-finish perspective, comparing the January average rate of 2.1621 to the December average rate of 2.0427, the exchange rate registered a net change of -5.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.2082 was up 0.33% compared to the 2013 peak of 2.2010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,041 AOA

2013 Average 10,373 AOA

Yearly Trough Low 10,013 AOA

Transaction Impact: A difference of 1,028.26 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.2091

2.0094

JanuMarcMayJulySeptNove

MKD to AOA 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 2.1734, compared to 2.0693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1041 points.

H1 Avg (Jan–Jun) 2.1734

H2 Avg (Jul–Dec) 2.0693

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0790 AOA (High: 2.0889 / Low: 2.0098). On the other end, June was the most stable month, with a tight range of 0.0129 AOA (High: 2.1627 / Low: 2.1497).

September Spread (Volatile) ±0.0790

June Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0650 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0650

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.1804) against the same month in 2013 (average: 2.0229), the exchange rate shifted by +0.1575 (+7.78%).

2014 Avg (May) 2.1804

2013 Avg (May) 2.0229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1846	2.1438	2.1621
February	2.1801	2.1389	2.1607
March	2.2054	2.1746	2.1893
April	2.2068	2.1720	2.1925
May	2.2082	2.1554	2.1804
June	2.1627	2.1497	2.1556
July	2.1646	2.1320	2.1427
August	2.1481	2.0906	2.1200
September	2.0889	2.0098	2.0550
October	2.0474	2.0094	2.0297
November	2.0474	2.0026	2.0260
December	2.0704	2.0256	2.0427