2014 MKD to SBD Historical Review

YEARLY HIGH

0.1656 SBD

YEARLY LOW

0.1491 SBD

YEARLY AVERAGE

0.1577 SBD

2014 MKD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.1656. Conversely, the yearly low was recorded on December 30, dropping to 0.1491.

This high-to-low spread represents a total annual volatility of 0.0166 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1597 to the December average rate of 0.1514, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1656 was up 1.84% compared to the 2013 peak of 0.1626, 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 828 SBD

2013 Average 769 SBD

Yearly Trough Low 745 SBD

Transaction Impact: A difference of 82.75 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1643

0.1491

JanuMarcMayJulySeptNove

MKD to SBD 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 0.1616, compared to 0.1539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.1616

H2 Avg (Jul–Dec) 0.1539

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0047 SBD (High: 0.1594 / Low: 0.1547). On the other end, November was the most stable month, with a tight range of 0.0019 SBD (High: 0.1515 / Low: 0.1496).

August Spread (Volatile) ±0.0047

November Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1630) against the same month in 2013 (average: 0.1519), the exchange rate shifted by +0.0111 (+7.30%).

2014 Avg (May) 0.1630

2013 Avg (May) 0.1519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1610	0.1585	0.1597
February	0.1624	0.1590	0.1608
March	0.1643	0.1620	0.1630
April	0.1639	0.1615	0.1631
May	0.1656	0.1611	0.1630
June	0.1616	0.1589	0.1600
July	0.1607	0.1587	0.1595
August	0.1594	0.1547	0.1569
September	0.1554	0.1511	0.1532
October	0.1531	0.1506	0.1519
November	0.1515	0.1496	0.1504
December	0.1536	0.1491	0.1514