2014 MKD to KGS Historical Review

YEARLY HIGH

1.2261 KGS

YEARLY LOW

1.0850 KGS

YEARLY AVERAGE

1.1532 KGS

2014 MKD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 1.2261. Conversely, the yearly low was recorded on January 9, dropping to 1.0850.

This high-to-low spread represents a total annual volatility of 0.1411 KGS. From a start-to-finish perspective, comparing the January average rate of 1.1000 to the December average rate of 1.1604, the exchange rate registered a net change of 5.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2261 was up 10.55% compared to the 2013 peak of 1.1091, 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 6,130 KGS

2013 Average 5,207 KGS

Yearly Trough Low 5,425 KGS

Transaction Impact: A difference of 705.39 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2304

1.0882

JanuMarcMayJulySeptNove

MKD to KGS 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 1.1633, compared to 1.1430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 1.1633

H2 Avg (Jul–Dec) 1.1430

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0669 KGS (High: 1.2168 / Low: 1.1499). On the other end, August was the most stable month, with a tight range of 0.0156 KGS (High: 1.1369 / Low: 1.1213).

May Spread (Volatile) ±0.0669

August Spread (Stable) ±0.0156

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0462 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 1.2185) against the same month in 2013 (average: 1.0175), the exchange rate shifted by +0.2010 (+19.76%).

2014 Avg (April) 1.2185

2013 Avg (April) 1.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1188	1.0850	1.1000
February	1.1669	1.1035	1.1366
March	1.2155	1.1658	1.2014
April	1.2261	1.2017	1.2185
May	1.2168	1.1499	1.1723
June	1.1603	1.1426	1.1511
July	1.1555	1.1366	1.1433
August	1.1369	1.1213	1.1294
September	1.1366	1.1150	1.1313
October	1.1651	1.1109	1.1334
November	1.1718	1.1473	1.1601
December	1.1689	1.1475	1.1604