2014 MKD to NZD Historical Review

YEARLY HIGH

0.0273 NZD

YEARLY LOW

0.0250 NZD

YEARLY AVERAGE

0.0260 NZD

2014 MKD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0273. Conversely, the yearly low was recorded on July 9, dropping to 0.0250.

This high-to-low spread represents a total annual volatility of 0.0023 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0268 to the December average rate of 0.0258, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0273 was down 2.22% compared to the 2013 peak of 0.0279, 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 136 NZD

2013 Average 131 NZD

Yearly Trough Low 125 NZD

Transaction Impact: A difference of 11.36 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0269

0.0252

JanuMarcMayJulySeptNove

MKD to NZD 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 0.0262, compared to 0.0258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0262

H2 Avg (Jul–Dec) 0.0258

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0012 NZD (High: 0.0266 / Low: 0.0253). On the other end, August was the most stable month, with a tight range of 0.0003 NZD (High: 0.0259 / Low: 0.0256).

September Spread (Volatile) ±0.0012

August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0268) against the same month in 2013 (average: 0.0254), the exchange rate shifted by +0.0014 (+5.60%).

2014 Avg (January) 0.0268

2013 Avg (January) 0.0254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0273	0.0264	0.0268
February	0.0272	0.0265	0.0267
March	0.0267	0.0257	0.0263
April	0.0263	0.0257	0.0260
May	0.0261	0.0257	0.0259
June	0.0262	0.0251	0.0256
July	0.0259	0.0250	0.0254
August	0.0259	0.0256	0.0257
September	0.0266	0.0253	0.0258
October	0.0264	0.0259	0.0262
November	0.0262	0.0254	0.0258
December	0.0262	0.0253	0.0258