2014 MKD to BZD Historical Review

YEARLY HIGH

0.0455 BZD

YEARLY LOW

0.0395 BZD

YEARLY AVERAGE

0.0431 BZD

2014 MKD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.0455. Conversely, the yearly low was recorded on December 31, dropping to 0.0395.

This high-to-low spread represents a total annual volatility of 0.0060 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0441 to the December average rate of 0.0400, the exchange rate registered a net change of -9.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0455 was up 0.90% compared to the 2013 peak of 0.0451, 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 228 BZD

2013 Average 215 BZD

Yearly Trough Low 198 BZD

Transaction Impact: A difference of 29.97 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0457

0.0395

JanuMarcMayJulySeptNove

MKD to BZD 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 0.0445, compared to 0.0418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0445

H2 Avg (Jul–Dec) 0.0418

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0019 BZD (High: 0.0427 / Low: 0.0408). On the other end, June was the most stable month, with a tight range of 0.0003 BZD (High: 0.0442 / Low: 0.0439).

September Spread (Volatile) ±0.0019

June Spread (Stable) ±0.0003

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 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0448) against the same month in 2013 (average: 0.0422), the exchange rate shifted by +0.0026 (+6.20%).

2014 Avg (May) 0.0448

2013 Avg (May) 0.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0445	0.0438	0.0441
February	0.0445	0.0437	0.0441
March	0.0450	0.0442	0.0446
April	0.0454	0.0447	0.0451
May	0.0455	0.0441	0.0448
June	0.0442	0.0439	0.0441
July	0.0443	0.0439	0.0440
August	0.0439	0.0428	0.0433
September	0.0427	0.0408	0.0419
October	0.0415	0.0407	0.0411
November	0.0407	0.0401	0.0404
December	0.0405	0.0395	0.0400