2014 MKD to CRC Historical Review

YEARLY HIGH

12.6262 CRC

YEARLY LOW

10.6231 CRC

YEARLY AVERAGE

11.5854 CRC

2014 MKD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 12.6262. Conversely, the yearly low was recorded on December 23, dropping to 10.6231.

This high-to-low spread represents a total annual volatility of 2.0031 CRC. From a start-to-finish perspective, comparing the January average rate of 11.0993 to the December average rate of 10.7308, the exchange rate registered a net change of -3.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.6262 was up 10.74% compared to the 2013 peak of 11.4019, 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 63,131 CRC

2013 Average 53,851 CRC

Yearly Trough Low 53,115 CRC

Transaction Impact: A difference of 10,015.36 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.4910

10.5708

JanuMarcMayJulySeptNove

MKD to CRC 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 11.8859, compared to 11.2849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6010 points.

H1 Avg (Jan–Jun) 11.8859

H2 Avg (Jul–Dec) 11.2849

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 1.3107 CRC (High: 12.6262 / Low: 11.3155). On the other end, October was the most stable month, with a tight range of 0.1769 CRC (High: 11.2027 / Low: 11.0258).

March Spread (Volatile) ±1.3107

October Spread (Stable) ±0.1769

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3776 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3776

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 12.0853) against the same month in 2013 (average: 10.5531), the exchange rate shifted by +1.5321 (+14.52%).

2014 Avg (March) 12.0853

2013 Avg (March) 10.5531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2111	10.9932	11.0993
February	11.4603	11.2148	11.3189
March	12.6262	11.3155	12.0853
April	12.3850	12.1593	12.2929
May	12.5186	12.1966	12.3310
June	12.2641	12.0429	12.1882
July	12.0579	11.8314	11.8973
August	11.8946	11.5818	11.7331
September	11.5852	11.0355	11.3554
October	11.2027	11.0258	11.1050
November	11.0166	10.8169	10.8881
December	10.8606	10.6231	10.7308