2014 MKD to TND Historical Review

YEARLY HIGH

0.0381 TND

YEARLY LOW

0.0351 TND

YEARLY AVERAGE

0.0366 TND

2014 MKD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0381. Conversely, the yearly low was recorded on March 6, dropping to 0.0351.

This high-to-low spread represents a total annual volatility of 0.0030 TND. From a start-to-finish perspective, comparing the January average rate of 0.0364 to the December average rate of 0.0372, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0381 was up 1.66% compared to the 2013 peak of 0.0374, 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 190 TND

2013 Average 175 TND

Yearly Trough Low 175 TND

Transaction Impact: A difference of 14.77 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0379

0.0350

JanuMarcMayJulySeptNove

MKD to TND 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 0.0359, compared to 0.0373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0359

H2 Avg (Jul–Dec) 0.0373

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0016 TND (High: 0.0368 / Low: 0.0352). On the other end, February was the most stable month, with a tight range of 0.0002 TND (High: 0.0353 / Low: 0.0351).

January Spread (Volatile) ±0.0016

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 0.0377) against the same month in 2013 (average: 0.0353), the exchange rate shifted by +0.0024 (+6.79%).

2014 Avg (July) 0.0377

2013 Avg (July) 0.0353

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0368	0.0352	0.0364
February	0.0353	0.0351	0.0352
March	0.0356	0.0351	0.0354
April	0.0360	0.0353	0.0356
May	0.0363	0.0360	0.0361
June	0.0372	0.0360	0.0366
July	0.0381	0.0373	0.0377
August	0.0377	0.0372	0.0374
September	0.0374	0.0368	0.0372
October	0.0373	0.0368	0.0371
November	0.0373	0.0369	0.0371
December	0.0374	0.0368	0.0372