2014 MKD to INR Historical Review

YEARLY HIGH

1.3988 INR

YEARLY LOW

1.2358 INR

YEARLY AVERAGE

1.3163 INR

2014 MKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 1.3988. Conversely, the yearly low was recorded on November 8, dropping to 1.2358.

This high-to-low spread represents a total annual volatility of 0.1630 INR. From a start-to-finish perspective, comparing the January average rate of 1.3730 to the December average rate of 1.2575, the exchange rate registered a net change of -8.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3988 was down 5.36% compared to the 2013 peak of 1.4781, 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 6,994 INR

2013 Average 6,300 INR

Yearly Trough Low 6,179 INR

Transaction Impact: A difference of 815.12 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3888

1.2335

JanuMarcMayJulySeptNove

MKD to INR 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 1.3516, compared to 1.2809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0706 points.

H1 Avg (Jan–Jun) 1.3516

H2 Avg (Jul–Dec) 1.2809

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0647 INR (High: 1.3575 / Low: 1.2928). On the other end, July was the most stable month, with a tight range of 0.0153 INR (High: 1.3320 / Low: 1.3167).

May Spread (Volatile) ±0.0647

July Spread (Stable) ±0.0153

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 0.0413 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.3730) against the same month in 2013 (average: 1.1512), the exchange rate shifted by +0.2217 (+19.26%).

2014 Avg (January) 1.3730

2013 Avg (January) 1.1512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3988	1.3550	1.3730
February	1.3845	1.3660	1.3758
March	1.3856	1.3355	1.3678
April	1.3689	1.3327	1.3526
May	1.3575	1.2928	1.3225
June	1.3296	1.3039	1.3177
July	1.3320	1.3167	1.3229
August	1.3428	1.2963	1.3191
September	1.2973	1.2644	1.2778
October	1.2764	1.2540	1.2619
November	1.2593	1.2358	1.2465
December	1.2887	1.2406	1.2575