2014 MKD to MDL Historical Review

YEARLY HIGH

0.3139 MDL

YEARLY LOW

0.2869 MDL

YEARLY AVERAGE

0.3019 MDL

2014 MKD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.3139. Conversely, the yearly low was recorded on January 8, dropping to 0.2869.

This high-to-low spread represents a total annual volatility of 0.0270 MDL. From a start-to-finish perspective, comparing the January average rate of 0.2917 to the December average rate of 0.3088, the exchange rate registered a net change of 5.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3139 was up 6.90% compared to the 2013 peak of 0.2937, 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 1,570 MDL

2013 Average 1,348 MDL

Yearly Trough Low 1,435 MDL

Transaction Impact: A difference of 134.97 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3105

0.2900

JanuMarcMayJulySeptNove

MKD to MDL 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 0.3004, compared to 0.3034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.3004

H2 Avg (Jul–Dec) 0.3034

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0114 MDL (High: 0.3139 / Low: 0.3025). On the other end, June was the most stable month, with a tight range of 0.0055 MDL (High: 0.3101 / Low: 0.3046).

December Spread (Volatile) ±0.0114

June Spread (Stable) ±0.0055

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 July and August, when the average rate fell by 0.0079 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3088) against the same month in 2013 (average: 0.2877), the exchange rate shifted by +0.0211 (+7.35%).

2014 Avg (December) 0.3088

2013 Avg (December) 0.2877

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2965	0.2869	0.2917
February	0.3047	0.2952	0.2989
March	0.3051	0.2973	0.3013
April	0.3034	0.2969	0.3003
May	0.3065	0.2994	0.3029
June	0.3101	0.3046	0.3072
July	0.3108	0.3049	0.3077
August	0.3054	0.2970	0.2998
September	0.3033	0.2967	0.3003
October	0.3036	0.2978	0.3015
November	0.3071	0.2989	0.3022
December	0.3139	0.3025	0.3088