2014 MKD to MVR Historical Review

YEARLY HIGH

0.3487 MVR

YEARLY LOW

0.3021 MVR

YEARLY AVERAGE

0.3322 MVR

2014 MKD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.3487. Conversely, the yearly low was recorded on December 30, dropping to 0.3021.

This high-to-low spread represents a total annual volatility of 0.0466 MVR. From a start-to-finish perspective, comparing the January average rate of 0.3408 to the December average rate of 0.3060, the exchange rate registered a net change of -10.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3487 was up 0.37% compared to the 2013 peak of 0.3474, 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 1,743 MVR

2013 Average 1,653 MVR

Yearly Trough Low 1,510 MVR

Transaction Impact: A difference of 232.94 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3494

0.3021

JanuMarcMayJulySeptNove

MKD to MVR 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 0.3428, compared to 0.3215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0213 points.

H1 Avg (Jan–Jun) 0.3428

H2 Avg (Jul–Dec) 0.3215

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0138 MVR (High: 0.3288 / Low: 0.3151). On the other end, June was the most stable month, with a tight range of 0.0029 MVR (High: 0.3428 / Low: 0.3399).

September Spread (Volatile) ±0.0138

June Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between January and March, 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 0.0106 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.3454) against the same month in 2013 (average: 0.3253), the exchange rate shifted by +0.0201 (+6.19%).

2014 Avg (March) 0.3454

2013 Avg (March) 0.3253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3443	0.3377	0.3408
February	0.3444	0.3381	0.3410
March	0.3487	0.3429	0.3454
April	0.3470	0.3419	0.3452
May	0.3477	0.3411	0.3438
June	0.3428	0.3399	0.3407
July	0.3421	0.3378	0.3395
August	0.3392	0.3290	0.3337
September	0.3288	0.3151	0.3231
October	0.3196	0.3141	0.3168
November	0.3134	0.3075	0.3099
December	0.3100	0.3021	0.3060