2014 MKD to JMD Historical Review

YEARLY HIGH

2.4896 JMD

YEARLY LOW

2.2586 JMD

YEARLY AVERAGE

2.3920 JMD

2014 MKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 2.4896. Conversely, the yearly low was recorded on December 30, dropping to 2.2586.

This high-to-low spread represents a total annual volatility of 0.2310 JMD. From a start-to-finish perspective, comparing the January average rate of 2.3552 to the December average rate of 2.2809, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.4896 was up 4.40% compared to the 2013 peak of 2.3846, 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 12,448 JMD

2013 Average 10,732 JMD

Yearly Trough Low 11,293 JMD

Transaction Impact: A difference of 1,154.98 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.4950

2.2612

JanuMarcMayJulySeptNove

MKD to JMD 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 2.4249, compared to 2.3591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0658 points.

H1 Avg (Jan–Jun) 2.4249

H2 Avg (Jul–Dec) 2.3591

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1102 JMD (High: 2.4097 / Low: 2.2994). On the other end, July was the most stable month, with a tight range of 0.0231 JMD (High: 2.4870 / Low: 2.4639).

September Spread (Volatile) ±0.1102

July Spread (Stable) ±0.0231

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 0.0764 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.4647) against the same month in 2013 (average: 2.0754), the exchange rate shifted by +0.3893 (+18.76%).

2014 Avg (May) 2.4647

2013 Avg (May) 2.0754

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3736	2.3369	2.3552
February	2.4121	2.3497	2.3800
March	2.4628	2.4088	2.4379
April	2.4698	2.4307	2.4558
May	2.4896	2.4497	2.4647
June	2.4724	2.4461	2.4557
July	2.4870	2.4639	2.4755
August	2.4750	2.4123	2.4404
September	2.4097	2.2994	2.3640
October	2.3333	2.2982	2.3128
November	2.2977	2.2616	2.2807
December	2.3120	2.2586	2.2809