2014 MKD to SGD Historical Review

YEARLY HIGH

0.0287 SGD

YEARLY LOW

0.0260 SGD

YEARLY AVERAGE

0.0273 SGD

2014 MKD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0287. Conversely, the yearly low was recorded on November 8, dropping to 0.0260.

This high-to-low spread represents a total annual volatility of 0.0027 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0282 to the December average rate of 0.0264, the exchange rate registered a net change of -6.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0287 was up 0.77% compared to the 2013 peak of 0.0285, 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 143 SGD

2013 Average 134 SGD

Yearly Trough Low 130 SGD

Transaction Impact: A difference of 13.66 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0286

0.0260

JanuMarcMayJulySeptNove

MKD to SGD 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 0.0280, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0280

H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0007 SGD (High: 0.0268 / Low: 0.0261). On the other end, June was the most stable month, with a tight range of 0.0003 SGD (High: 0.0278 / Low: 0.0275).

September Spread (Volatile) ±0.0007

June Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0284) against the same month in 2013 (average: 0.0263), the exchange rate shifted by +0.0021 (+8.03%).

2014 Avg (March) 0.0284

2013 Avg (March) 0.0263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0284	0.0280	0.0282
February	0.0283	0.0278	0.0280
March	0.0287	0.0281	0.0284
April	0.0283	0.0279	0.0281
May	0.0283	0.0277	0.0279
June	0.0278	0.0275	0.0276
July	0.0276	0.0272	0.0274
August	0.0274	0.0268	0.0271
September	0.0268	0.0261	0.0265
October	0.0264	0.0260	0.0262
November	0.0265	0.0260	0.0262
December	0.0265	0.0261	0.0264