2014 MKD to PYG Historical Review

YEARLY HIGH

103.5788 PYG

YEARLY LOW

89.8439 PYG

YEARLY AVERAGE

96.3021 PYG

2014 MKD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 103.5788. Conversely, the yearly low was recorded on September 9, dropping to 89.8439.

This high-to-low spread represents a total annual volatility of 13.7349 PYG. From a start-to-finish perspective, comparing the January average rate of 102.5070 to the December average rate of 92.7051, the exchange rate registered a net change of -9.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 103.5788 was up 0.31% compared to the 2013 peak of 103.2602, 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 517,894 PYG

2013 Average 463,996 PYG

Yearly Trough Low 449,219 PYG

Transaction Impact: A difference of 68,674.32 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

103.6600

89.8233

JanuMarcMayJulySeptNove

MKD to PYG 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 99.5804, compared to 93.0238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.5566 points.

H1 Avg (Jan–Jun) 99.5804

H2 Avg (Jul–Dec) 93.0238

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 4.6813 PYG (High: 102.9911 / Low: 98.3098). On the other end, April was the most stable month, with a tight range of 0.9942 PYG (High: 99.9605 / Low: 98.9663).

February Spread (Volatile) ±4.6813

April Spread (Stable) ±0.9942

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 June and July, when the average rate fell by 3.1543 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.1543

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 102.5070) against the same month in 2013 (average: 89.3790), the exchange rate shifted by +13.1280 (+14.69%).

2014 Avg (January) 102.5070

2013 Avg (January) 89.3790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	103.5788	101.6968	102.5070
February	102.9911	98.3098	100.3297
March	99.8808	98.6692	99.2225
April	99.9605	98.9663	99.4418
May	100.0976	97.7626	98.7193
June	97.8675	96.7859	97.2620
July	97.0118	92.4156	94.1077
August	94.1017	91.5424	92.6033
September	93.1222	89.8439	90.9763
October	95.3358	92.2178	93.9188
November	94.6869	93.1515	93.8317
December	93.7813	91.5816	92.7051