2014 MKD to LRD Historical Review

YEARLY HIGH

2.0369 LRD

YEARLY LOW

1.7890 LRD

YEARLY AVERAGE

1.9025 LRD

2014 MKD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 2.0369. Conversely, the yearly low was recorded on March 20, dropping to 1.7890.

This high-to-low spread represents a total annual volatility of 0.2479 LRD. From a start-to-finish perspective, comparing the January average rate of 1.8534 to the December average rate of 1.8316, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0369 was up 11.23% compared to the 2013 peak of 1.8312, 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 10,185 LRD

2013 Average 8,246 LRD

Yearly Trough Low 8,945 LRD

Transaction Impact: A difference of 1,239.61 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0386

1.8127

JanuMarcMayJulySeptNove

MKD to LRD 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 1.8899, compared to 1.9151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0252 points.

H1 Avg (Jan–Jun) 1.8899

H2 Avg (Jul–Dec) 1.9151

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.1639 LRD (High: 2.0011 / Low: 1.8372). On the other end, November was the most stable month, with a tight range of 0.0243 LRD (High: 1.8639 / Low: 1.8396).

June Spread (Volatile) ±0.1639

November Spread (Stable) ±0.0243

Growth Streaks & Declines

Trends

Between May and July, 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 0.0660 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0660

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 2.0198) against the same month in 2013 (average: 1.5959), the exchange rate shifted by +0.4238 (+26.56%).

2014 Avg (July) 2.0198

2013 Avg (July) 1.5959

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8983	1.7954	1.8534
February	1.9098	1.8735	1.8927
March	1.9126	1.7890	1.8481
April	1.9329	1.9002	1.9127
May	1.9359	1.7990	1.8907
June	2.0011	1.8372	1.9418
July	2.0369	1.9945	2.0198
August	2.0342	1.9600	1.9869
September	1.9572	1.8712	1.9209
October	1.8979	1.8686	1.8818
November	1.8639	1.8396	1.8495
December	1.8557	1.8089	1.8316