2014 MKD to EGP Historical Review

YEARLY HIGH

0.1589 EGP

YEARLY LOW

0.1414 EGP

YEARLY AVERAGE

0.1529 EGP

2014 MKD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.1589. Conversely, the yearly low was recorded on December 31, dropping to 0.1414.

This high-to-low spread represents a total annual volatility of 0.0175 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1541 to the December average rate of 0.1431, the exchange rate registered a net change of -7.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1589 was up 1.94% compared to the 2013 peak of 0.1558, 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 794 EGP

2013 Average 739 EGP

Yearly Trough Low 707 EGP

Transaction Impact: A difference of 87.50 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1595

0.1416

JanuMarcMayJulySeptNove

MKD to EGP 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 0.1561, compared to 0.1496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.1561

H2 Avg (Jul–Dec) 0.1496

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0067 EGP (High: 0.1530 / Low: 0.1463). On the other end, June was the most stable month, with a tight range of 0.0008 EGP (High: 0.1582 / Low: 0.1574).

September Spread (Volatile) ±0.0067

June Spread (Stable) ±0.0008

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 0.0049 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1581) against the same month in 2013 (average: 0.1466), the exchange rate shifted by +0.0114 (+7.81%).

2014 Avg (May) 0.1581

2013 Avg (May) 0.1466

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1555	0.1529	0.1541
February	0.1555	0.1526	0.1541
March	0.1573	0.1551	0.1561
April	0.1575	0.1549	0.1566
May	0.1589	0.1572	0.1581
June	0.1582	0.1574	0.1578
July	0.1586	0.1569	0.1575
August	0.1572	0.1533	0.1551
September	0.1530	0.1463	0.1501
October	0.1484	0.1461	0.1471
November	0.1457	0.1436	0.1445
December	0.1450	0.1414	0.1431