2014 MKD to GHS Historical Review

YEARLY HIGH

0.0842 GHS

YEARLY LOW

0.0519 GHS

YEARLY AVERAGE

0.0655 GHS

2014 MKD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.0842. Conversely, the yearly low was recorded on January 4, dropping to 0.0519.

This high-to-low spread represents a total annual volatility of 0.0322 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.0641, the exchange rate registered a net change of 21.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0842 was up 58.10% compared to the 2013 peak of 0.0532, 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 421 GHS

2013 Average 222 GHS

Yearly Trough Low 260 GHS

Transaction Impact: A difference of 161.22 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0815

0.0502

JanuMarcMayJulySeptNove

MKD to GHS 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 0.0603, compared to 0.0706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.0603

H2 Avg (Jul–Dec) 0.0706

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0142 GHS (High: 0.0813 / Low: 0.0672). On the other end, October was the most stable month, with a tight range of 0.0014 GHS (High: 0.0672 / Low: 0.0658).

September Spread (Volatile) ±0.0142

October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0085 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.0789) against the same month in 2013 (average: 0.0456), the exchange rate shifted by +0.0333 (+72.99%).

2014 Avg (August) 0.0789

2013 Avg (August) 0.0456

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0542	0.0519	0.0528
February	0.0574	0.0525	0.0552
March	0.0601	0.0568	0.0582
April	0.0636	0.0600	0.0620
May	0.0666	0.0636	0.0650
June	0.0724	0.0659	0.0687
July	0.0776	0.0722	0.0744
August	0.0842	0.0740	0.0789
September	0.0813	0.0672	0.0749
October	0.0672	0.0658	0.0665
November	0.0661	0.0642	0.0649
December	0.0650	0.0633	0.0641