2014 MKD to NOK Historical Review

YEARLY HIGH

0.1508 NOK

YEARLY LOW

0.1314 NOK

YEARLY AVERAGE

0.1358 NOK

2014 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.1508. Conversely, the yearly low was recorded on June 8, dropping to 0.1314.

This high-to-low spread represents a total annual volatility of 0.0194 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1362 to the December average rate of 0.1462, the exchange rate registered a net change of 7.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1508 was up 9.27% compared to the 2013 peak of 0.1380, 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 754 NOK

2013 Average 632 NOK

Yearly Trough Low 657 NOK

Transaction Impact: A difference of 96.98 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1475

0.1311

JanuMarcMayJulySeptNove

MKD to NOK 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 0.1344, compared to 0.1372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1344

H2 Avg (Jul–Dec) 0.1372

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0101 NOK (High: 0.1508 / Low: 0.1407). On the other end, April was the most stable month, with a tight range of 0.0021 NOK (High: 0.1351 / Low: 0.1330).

December Spread (Volatile) ±0.0101

April Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1462) against the same month in 2013 (average: 0.1366), the exchange rate shifted by +0.0095 (+6.98%).

2014 Avg (December) 0.1462

2013 Avg (December) 0.1366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1376	0.1352	0.1362
February	0.1380	0.1339	0.1356
March	0.1358	0.1335	0.1346
April	0.1351	0.1330	0.1341
May	0.1341	0.1317	0.1325
June	0.1357	0.1314	0.1333
July	0.1381	0.1355	0.1365
August	0.1379	0.1324	0.1344
September	0.1358	0.1316	0.1333
October	0.1377	0.1318	0.1347
November	0.1422	0.1361	0.1379
December	0.1508	0.1407	0.1462