2014 MKD to SAR Historical Review

YEARLY HIGH

0.0848 SAR

YEARLY LOW

0.0742 SAR

YEARLY AVERAGE

0.0810 SAR

2014 MKD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.0848. Conversely, the yearly low was recorded on December 31, dropping to 0.0742.

This high-to-low spread represents a total annual volatility of 0.0106 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0830 to the December average rate of 0.0751, the exchange rate registered a net change of -9.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0848 was down 0.03% compared to the 2013 peak of 0.0848, 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 424 SAR

2013 Average 403 SAR

Yearly Trough Low 371 SAR

Transaction Impact: A difference of 52.97 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0850

0.0742

JanuMarcMayJulySeptNove

MKD to SAR 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 0.0834, compared to 0.0785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0834

H2 Avg (Jul–Dec) 0.0785

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0035 SAR (High: 0.0802 / Low: 0.0767). On the other end, June was the most stable month, with a tight range of 0.0004 SAR (High: 0.0830 / Low: 0.0826).

September Spread (Volatile) ±0.0035

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0026 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0837) against the same month in 2013 (average: 0.0789), the exchange rate shifted by +0.0047 (+5.98%).

2014 Avg (May) 0.0837

2013 Avg (May) 0.0789

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0839	0.0824	0.0830
February	0.0838	0.0822	0.0830
March	0.0847	0.0836	0.0841
April	0.0845	0.0834	0.0841
May	0.0848	0.0828	0.0837
June	0.0830	0.0826	0.0828
July	0.0832	0.0825	0.0827
August	0.0825	0.0803	0.0813
September	0.0802	0.0767	0.0787
October	0.0778	0.0766	0.0772
November	0.0764	0.0754	0.0758
December	0.0761	0.0742	0.0751