2014 MKD to IDR Historical Review

YEARLY HIGH

272.4608 IDR

YEARLY LOW

244.5269 IDR

YEARLY AVERAGE

255.8721 IDR

2014 MKD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 272.4608. Conversely, the yearly low was recorded on November 8, dropping to 244.5269.

This high-to-low spread represents a total annual volatility of 27.9339 IDR. From a start-to-finish perspective, comparing the January average rate of 268.1941 to the December average rate of 249.0772, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 272.4608 was down 0.58% compared to the 2013 peak of 274.0415, 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 1,362,304 IDR

2013 Average 1,123,665 IDR

Yearly Trough Low 1,222,634 IDR

Transaction Impact: A difference of 139,669.39 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

270.4147

243.7676

JanuMarcMayJulySeptNove

MKD to IDR 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 260.6986, compared to 251.0456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.6530 points.

H1 Avg (Jan–Jun) 260.6986

H2 Avg (Jul–Dec) 251.0456

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 14.0267 IDR (High: 259.5319 / Low: 245.5052). On the other end, November was the most stable month, with a tight range of 3.0192 IDR (High: 247.5461 / Low: 244.5269).

December Spread (Volatile) ±14.0267

November Spread (Stable) ±3.0192

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 7.4603 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.4603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 268.1941) against the same month in 2013 (average: 204.8603), the exchange rate shifted by +63.3339 (+30.92%).

2014 Avg (January) 268.1941

2013 Avg (January) 204.8603

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	272.4608	264.8319	268.1941
February	268.1078	258.5983	263.7596
March	259.5724	253.4571	256.2993
April	260.3122	251.5727	256.2339
May	261.1756	253.6651	257.2196
June	267.3889	257.9772	262.4852
July	263.8117	253.6188	257.2269
August	259.4632	250.6107	254.1770
September	252.2201	247.4694	249.8973
October	253.0678	247.3191	249.9069
November	247.5461	244.5269	245.9882
December	259.5319	245.5052	249.0772