2014 MKD to KPW Historical Review

YEARLY HIGH

20.3457 KPW

YEARLY LOW

17.7904 KPW

YEARLY AVERAGE

19.4248 KPW

2014 MKD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 20.3457. Conversely, the yearly low was recorded on December 31, dropping to 17.7904.

This high-to-low spread represents a total annual volatility of 2.5553 KPW. From a start-to-finish perspective, comparing the January average rate of 19.9227 to the December average rate of 18.0152, the exchange rate registered a net change of -9.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 20.3457 was down 0.03% compared to the 2013 peak of 20.3518, 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 101,729 KPW

2013 Average 96,745 KPW

Yearly Trough Low 88,952 KPW

Transaction Impact: A difference of 12,776.52 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

20.3975

17.7987

JanuMarcMayJulySeptNove

MKD to KPW 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 20.0226, compared to 18.8269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1957 points.

H1 Avg (Jan–Jun) 20.0226

H2 Avg (Jul–Dec) 18.8269

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.8426 KPW (High: 19.2494 / Low: 18.4068). On the other end, June was the most stable month, with a tight range of 0.1052 KPW (High: 19.9162 / Low: 19.8110).

September Spread (Volatile) ±0.8426

June Spread (Stable) ±0.1052

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.6211 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 20.0753) against the same month in 2013 (average: 18.9427), the exchange rate shifted by +1.1326 (+5.98%).

2014 Avg (May) 20.0753

2013 Avg (May) 18.9427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.1456	19.7650	19.9227
February	20.1029	19.7206	19.9230
March	20.3366	20.0522	20.1809
April	20.2704	20.0025	20.1715
May	20.3457	19.8698	20.0753
June	19.9162	19.8110	19.8623
July	19.9646	19.7900	19.8346
August	19.7921	19.2763	19.5154
September	19.2494	18.4068	18.8943
October	18.6700	18.3814	18.5099
November	18.3355	18.0963	18.1919
December	18.2545	17.7904	18.0152