2014 MKD to CNY Historical Review

YEARLY HIGH

0.1406 CNY

YEARLY LOW

0.1224 CNY

YEARLY AVERAGE

0.1329 CNY

2014 MKD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.1406. Conversely, the yearly low was recorded on December 30, dropping to 0.1224.

This high-to-low spread represents a total annual volatility of 0.0182 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1344 to the December average rate of 0.1237, the exchange rate registered a net change of -7.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1406 was up 1.85% compared to the 2013 peak of 0.1380, 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 703 CNY

2013 Average 662 CNY

Yearly Trough Low 612 CNY

Transaction Impact: A difference of 90.79 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1408

0.1222

JanuMarcMayJulySeptNove

MKD to CNY 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 0.1371, compared to 0.1288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.1371

H2 Avg (Jul–Dec) 0.1288

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0060 CNY (High: 0.1316 / Low: 0.1256). On the other end, June was the most stable month, with a tight range of 0.0012 CNY (High: 0.1379 / Low: 0.1366).

September Spread (Volatile) ±0.0060

June Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1388) against the same month in 2013 (average: 0.1295), the exchange rate shifted by +0.0093 (+7.20%).

2014 Avg (May) 0.1388

2013 Avg (May) 0.1295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1358	0.1331	0.1344
February	0.1372	0.1330	0.1347
March	0.1395	0.1365	0.1383
April	0.1403	0.1379	0.1393
May	0.1406	0.1374	0.1388
June	0.1379	0.1366	0.1372
July	0.1373	0.1357	0.1365
August	0.1359	0.1316	0.1335
September	0.1316	0.1256	0.1289
October	0.1271	0.1249	0.1261
November	0.1248	0.1232	0.1239
December	0.1253	0.1224	0.1237