2014 MKD to QAR Historical Review

YEARLY HIGH

0.0823 QAR

YEARLY LOW

0.0720 QAR

YEARLY AVERAGE

0.0786 QAR

2014 MKD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.0823. Conversely, the yearly low was recorded on December 31, dropping to 0.0720.

This high-to-low spread represents a total annual volatility of 0.0103 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0806 to the December average rate of 0.0729, the exchange rate registered a net change of -9.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0823 was down 0.00% compared to the 2013 peak of 0.0823, 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 412 QAR

2013 Average 391 QAR

Yearly Trough Low 360 QAR

Transaction Impact: A difference of 51.64 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0825

0.0720

JanuMarcMayJulySeptNove

MKD to QAR 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 0.0810, compared to 0.0762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0810

H2 Avg (Jul–Dec) 0.0762

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0034 QAR (High: 0.0779 / Low: 0.0745). On the other end, June was the most stable month, with a tight range of 0.0004 QAR (High: 0.0806 / Low: 0.0801).

September Spread (Volatile) ±0.0034

June Spread (Stable) ±0.0004

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 August and September, when the average rate fell by 0.0025 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0812) against the same month in 2013 (average: 0.0766), the exchange rate shifted by +0.0046 (+5.97%).

2014 Avg (May) 0.0812

2013 Avg (May) 0.0766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0815	0.0800	0.0806
February	0.0813	0.0798	0.0806
March	0.0823	0.0811	0.0817
April	0.0820	0.0809	0.0816
May	0.0823	0.0804	0.0812
June	0.0806	0.0801	0.0803
July	0.0808	0.0801	0.0802
August	0.0801	0.0780	0.0790
September	0.0779	0.0745	0.0765
October	0.0755	0.0744	0.0749
November	0.0742	0.0732	0.0736
December	0.0739	0.0720	0.0729