2014 MKD to SOS Historical Review

YEARLY HIGH

25.3844 SOS

YEARLY LOW

14.2417 SOS

YEARLY AVERAGE

19.7489 SOS

2014 MKD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 25.3844. Conversely, the yearly low was recorded on December 17, dropping to 14.2417.

This high-to-low spread represents a total annual volatility of 11.1428 SOS. From a start-to-finish perspective, comparing the January average rate of 24.4624 to the December average rate of 14.6295, the exchange rate registered a net change of -40.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 25.3844 was down 26.19% compared to the 2013 peak of 34.3914, 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 126,922 SOS

2013 Average 150,873 SOS

Yearly Trough Low 71,208 SOS

Transaction Impact: A difference of 55,713.83 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

25.4457

13.6462

JanuMarcMayJulySeptNove

MKD to SOS 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 22.5384, compared to 16.9594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.5790 points.

H1 Avg (Jan–Jun) 22.5384

H2 Avg (Jul–Dec) 16.9594

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 2.1711 SOS (High: 17.9910 / Low: 15.8199). On the other end, April was the most stable month, with a tight range of 0.4553 SOS (High: 22.2599 / Low: 21.8047).

September Spread (Volatile) ±2.1711

April Spread (Stable) ±0.4553

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 July and August, when the average rate fell by 1.5670 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -1.5670

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 24.4624) against the same month in 2013 (average: 33.9300), the exchange rate shifted by -9.4676 (-27.90%).

2014 Avg (January) 24.4624

2013 Avg (January) 33.9300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.3844	23.7953	24.4624
February	23.9862	23.2582	23.6636
March	23.3936	21.9696	22.8214
April	22.2599	21.8047	21.9854
May	22.0229	20.8935	21.6413
June	21.0052	20.3323	20.6564
July	20.4739	18.6885	19.8694
August	18.7076	17.9672	18.3024
September	17.9910	15.8199	17.2421
October	16.2760	15.7228	16.0435
November	15.9562	15.1300	15.6696
December	15.2103	14.2417	14.6295