2014 MKD to MOP Historical Review

YEARLY HIGH

0.1809 MOP

YEARLY LOW

0.1581 MOP

YEARLY AVERAGE

0.1724 MOP

2014 MKD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.1809. Conversely, the yearly low was recorded on December 30, dropping to 0.1581.

This high-to-low spread represents a total annual volatility of 0.0228 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1769 to the December average rate of 0.1600, the exchange rate registered a net change of -9.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1809 was up 0.19% compared to the 2013 peak of 0.1806, 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 905 MOP

2013 Average 859 MOP

Yearly Trough Low 790 MOP

Transaction Impact: A difference of 114.23 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1812

0.1581

JanuMarcMayJulySeptNove

MKD to MOP 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 0.1777, compared to 0.1671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.1777

H2 Avg (Jul–Dec) 0.1671

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0073 MOP (High: 0.1708 / Low: 0.1635). On the other end, June was the most stable month, with a tight range of 0.0009 MOP (High: 0.1766 / Low: 0.1757).

September Spread (Volatile) ±0.0073

June Spread (Stable) ±0.0009

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 0.0054 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.1792) against the same month in 2013 (average: 0.1688), the exchange rate shifted by +0.0105 (+6.19%).

2014 Avg (March) 0.1792

2013 Avg (March) 0.1688

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1788	0.1755	0.1769
February	0.1786	0.1750	0.1769
March	0.1809	0.1780	0.1792
April	0.1800	0.1776	0.1791
May	0.1805	0.1763	0.1781
June	0.1766	0.1757	0.1762
July	0.1771	0.1755	0.1760
August	0.1755	0.1711	0.1732
September	0.1708	0.1635	0.1678
October	0.1659	0.1633	0.1644
November	0.1628	0.1603	0.1614
December	0.1621	0.1581	0.1600