2014 MKD to FJD Historical Review

YEARLY HIGH

0.0423 FJD

YEARLY LOW

0.0389 FJD

YEARLY AVERAGE

0.0405 FJD

2014 MKD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0423. Conversely, the yearly low was recorded on November 13, dropping to 0.0389.

This high-to-low spread represents a total annual volatility of 0.0033 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0417 to the December average rate of 0.0396, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0423 was down 0.20% compared to the 2013 peak of 0.0423, 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 211 FJD

2013 Average 197 FJD

Yearly Trough Low 195 FJD

Transaction Impact: A difference of 16.52 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0420

0.0391

JanuMarcMayJulySeptNove

MKD to FJD 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 0.0413, compared to 0.0398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0413

H2 Avg (Jul–Dec) 0.0398

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0013 FJD (High: 0.0423 / Low: 0.0410). On the other end, July was the most stable month, with a tight range of 0.0005 FJD (High: 0.0408 / Low: 0.0403).

March Spread (Volatile) ±0.0013

July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0417) against the same month in 2013 (average: 0.0377), the exchange rate shifted by +0.0041 (+10.83%).

2014 Avg (March) 0.0417

2013 Avg (March) 0.0377

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0421	0.0414	0.0417
February	0.0419	0.0412	0.0416
March	0.0423	0.0410	0.0417
April	0.0414	0.0409	0.0412
May	0.0414	0.0406	0.0409
June	0.0408	0.0402	0.0405
July	0.0408	0.0403	0.0405
August	0.0408	0.0397	0.0402
September	0.0400	0.0391	0.0396
October	0.0400	0.0393	0.0396
November	0.0396	0.0389	0.0393
December	0.0401	0.0392	0.0396