2014 MKD to MGA Historical Review

YEARLY HIGH

56.2474 MGA

YEARLY LOW

49.8184 MGA

YEARLY AVERAGE

53.2427 MGA

2014 MKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 56.2474. Conversely, the yearly low was recorded on January 2, dropping to 49.8184.

This high-to-low spread represents a total annual volatility of 6.4289 MGA. From a start-to-finish perspective, comparing the January average rate of 50.1763 to the December average rate of 52.0455, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 56.2474 was up 11.00% compared to the 2013 peak of 50.6755, 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 281,237 MGA

2013 Average 237,987 MGA

Yearly Trough Low 249,092 MGA

Transaction Impact: A difference of 32,144.71 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

56.0440

49.6428

JanuMarcMayJulySeptNove

MKD to MGA 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 52.1926, compared to 54.2927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1002 points.

H1 Avg (Jan–Jun) 52.1926

H2 Avg (Jul–Dec) 54.2927

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 2.9398 MGA (High: 53.9364 / Low: 50.9966). On the other end, January was the most stable month, with a tight range of 0.7304 MGA (High: 50.5489 / Low: 49.8184).

December Spread (Volatile) ±2.9398

January Spread (Stable) ±0.7304

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.7336 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -2.7336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 55.5106) against the same month in 2013 (average: 49.3638), the exchange rate shifted by +6.1468 (+12.45%).

2014 Avg (October) 55.5106

2013 Avg (October) 49.3638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.5489	49.8184	50.1763
February	52.3502	50.4484	51.4363
March	53.1238	52.0218	52.6143
April	53.5270	52.1373	52.8555
May	53.7404	52.2175	53.0092
June	53.7298	52.1362	53.0638
July	54.8692	53.5100	54.1525
August	55.3563	53.6696	54.6839
September	54.9891	53.5731	54.5850
October	56.2474	54.4871	55.5106
November	55.3823	54.2167	54.7791
December	53.9364	50.9966	52.0455