2014 MKD to TJS Historical Review

YEARLY HIGH

0.1111 TJS

YEARLY LOW

0.1013 TJS

YEARLY AVERAGE

0.1063 TJS

2014 MKD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1111. Conversely, the yearly low was recorded on November 8, dropping to 0.1013.

This high-to-low spread represents a total annual volatility of 0.0098 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1057 to the December average rate of 0.1031, the exchange rate registered a net change of -2.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1111 was up 2.93% compared to the 2013 peak of 0.1079, 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 555 TJS

2013 Average 512 TJS

Yearly Trough Low 506 TJS

Transaction Impact: A difference of 48.93 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1101

0.1016

JanuMarcMayJulySeptNove

MKD to TJS 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 0.1077, compared to 0.1050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1077

H2 Avg (Jul–Dec) 0.1050

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0042 TJS (High: 0.1064 / Low: 0.1021). On the other end, July was the most stable month, with a tight range of 0.0011 TJS (High: 0.1096 / Low: 0.1085).

September Spread (Volatile) ±0.0042

July Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1094) against the same month in 2013 (average: 0.1001), the exchange rate shifted by +0.0093 (+9.29%).

2014 Avg (May) 0.1094

2013 Avg (May) 0.1001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1069	0.1049	0.1057
February	0.1073	0.1052	0.1063
March	0.1085	0.1071	0.1077
April	0.1101	0.1078	0.1084
May	0.1111	0.1083	0.1094
June	0.1093	0.1081	0.1086
July	0.1096	0.1085	0.1090
August	0.1091	0.1066	0.1079
September	0.1064	0.1021	0.1047
October	0.1036	0.1022	0.1028
November	0.1033	0.1013	0.1023
December	0.1046	0.1024	0.1031