2014 MKD to MZN Historical Review

YEARLY HIGH

0.7244 MZN

YEARLY LOW

0.6232 MZN

YEARLY AVERAGE

0.6746 MZN

2014 MKD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.7244. Conversely, the yearly low was recorded on November 14, dropping to 0.6232.

This high-to-low spread represents a total annual volatility of 0.1012 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6686 to the December average rate of 0.6626, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7244 was up 7.41% compared to the 2013 peak of 0.6744, 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 3,622 MZN

2013 Average 3,216 MZN

Yearly Trough Low 3,116 MZN

Transaction Impact: A difference of 506.03 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7179

0.6258

JanuMarcMayJulySeptNove

MKD to MZN 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 0.6960, compared to 0.6532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0428 points.

H1 Avg (Jan–Jun) 0.6960

H2 Avg (Jul–Dec) 0.6532

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0468 MZN (High: 0.7231 / Low: 0.6763). On the other end, June was the most stable month, with a tight range of 0.0062 MZN (High: 0.6981 / Low: 0.6919).

February Spread (Volatile) ±0.0468

June Spread (Stable) ±0.0062

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 July and August, when the average rate fell by 0.0247 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.7102) against the same month in 2013 (average: 0.6329), the exchange rate shifted by +0.0773 (+12.22%).

2014 Avg (March) 0.7102

2013 Avg (March) 0.6329

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6843	0.6596	0.6686
February	0.7231	0.6763	0.7009
March	0.7244	0.6956	0.7102
April	0.7074	0.6923	0.6996
May	0.7101	0.6941	0.7015
June	0.6981	0.6919	0.6951
July	0.6983	0.6706	0.6834
August	0.6691	0.6522	0.6587
September	0.6518	0.6321	0.6418
October	0.6468	0.6318	0.6392
November	0.6453	0.6232	0.6335
December	0.6814	0.6374	0.6626