2014 MKD to MMK Historical Review

YEARLY HIGH

22.0841 MMK

YEARLY LOW

20.1667 MMK

YEARLY AVERAGE

21.2332 MMK

2014 MKD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 22.0841. Conversely, the yearly low was recorded on October 6, dropping to 20.1667.

This high-to-low spread represents a total annual volatility of 1.9174 MMK. From a start-to-finish perspective, comparing the January average rate of 21.8130 to the December average rate of 20.6315, the exchange rate registered a net change of -5.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 22.0841 was down 0.69% compared to the 2013 peak of 22.2384, 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 110,421 MMK

2013 Average 100,448 MMK

Yearly Trough Low 100,834 MMK

Transaction Impact: A difference of 9,586.89 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

21.9500

20.3055

JanuMarcMayJulySeptNove

MKD to MMK 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 21.6405, compared to 20.8259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8146 points.

H1 Avg (Jan–Jun) 21.6405

H2 Avg (Jul–Dec) 20.8259

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.9950 MMK (High: 21.3489 / Low: 20.3540). On the other end, June was the most stable month, with a tight range of 0.2503 MMK (High: 21.5928 / Low: 21.3425).

November Spread (Volatile) ±0.9950

June Spread (Stable) ±0.2503

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4790 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.4790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 21.8130) against the same month in 2013 (average: 18.1869), the exchange rate shifted by +3.6261 (+19.94%).

2014 Avg (January) 21.8130

2013 Avg (January) 18.1869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.0841	21.6230	21.8130
February	21.9380	21.5258	21.7843
March	22.0371	21.4886	21.7290
April	21.6592	21.3908	21.5648
May	21.7382	21.3364	21.4971
June	21.5928	21.3425	21.4545
July	21.6362	21.3650	21.4428
August	21.3971	20.8206	21.0757
September	20.7937	20.2950	20.5967
October	20.6805	20.1667	20.4426
November	21.3489	20.3540	20.7661
December	20.8758	20.3942	20.6315