2014 MKD to PKR Historical Review

YEARLY HIGH

2.3596 PKR

YEARLY LOW

1.9903 PKR

YEARLY AVERAGE

2.1802 PKR

2014 MKD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.3596. Conversely, the yearly low was recorded on December 31, dropping to 1.9903.

This high-to-low spread represents a total annual volatility of 0.3693 PKR. From a start-to-finish perspective, comparing the January average rate of 2.3346 to the December average rate of 2.0186, the exchange rate registered a net change of -13.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.3596 was down 2.58% compared to the 2013 peak of 2.4222, 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 11,798 PKR

2013 Average 10,924 PKR

Yearly Trough Low 9,951 PKR

Transaction Impact: A difference of 1,846.52 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.3662

1.9870

JanuMarcMayJulySeptNove

MKD to PKR 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 2.2453, compared to 2.1151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1302 points.

H1 Avg (Jan–Jun) 2.2453

H2 Avg (Jul–Dec) 2.1151

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.1629 PKR (High: 2.3472 / Low: 2.1844). On the other end, July was the most stable month, with a tight range of 0.0172 PKR (High: 2.1878 / Low: 2.1706).

March Spread (Volatile) ±0.1629

July Spread (Stable) ±0.0172

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 February and March, when the average rate fell by 0.0799 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0799

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.3346) against the same month in 2013 (average: 2.0693), the exchange rate shifted by +0.2653 (+12.82%).

2014 Avg (January) 2.3346

2013 Avg (January) 2.0693

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3596	2.3168	2.3346
February	2.3447	2.3114	2.3273
March	2.3472	2.1844	2.2475
April	2.2163	2.1629	2.1868
May	2.2274	2.1795	2.2008
June	2.1853	2.1654	2.1746
July	2.1878	2.1706	2.1756
August	2.1879	2.1465	2.1692
September	2.1853	2.0976	2.1523
October	2.1341	2.0940	2.1139
November	2.0959	2.0402	2.0606
December	2.0618	1.9903	2.0186