2014 MKD to TRY Historical Review

YEARLY HIGH

0.0518 TRY

YEARLY LOW

0.0447 TRY

YEARLY AVERAGE

0.0472 TRY

2014 MKD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0518. Conversely, the yearly low was recorded on November 27, dropping to 0.0447.

This high-to-low spread represents a total annual volatility of 0.0071 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0491 to the December average rate of 0.0459, the exchange rate registered a net change of -6.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0518 was up 7.28% compared to the 2013 peak of 0.0483, 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 259 TRY

2013 Average 205 TRY

Yearly Trough Low 224 TRY

Transaction Impact: A difference of 35.62 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0501

0.0447

JanuMarcMayJulySeptNove

MKD to TRY 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 0.0481, compared to 0.0462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0481

H2 Avg (Jul–Dec) 0.0462

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0039 TRY (High: 0.0518 / Low: 0.0480). On the other end, August was the most stable month, with a tight range of 0.0009 TRY (High: 0.0472 / Low: 0.0463).

January Spread (Volatile) ±0.0039

August Spread (Stable) ±0.0009

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 March and April, when the average rate fell by 0.0020 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0491) against the same month in 2013 (average: 0.0376), the exchange rate shifted by +0.0116 (+30.74%).

2014 Avg (January) 0.0491

2013 Avg (January) 0.0376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0518	0.0480	0.0491
February	0.0500	0.0483	0.0489
March	0.0505	0.0480	0.0496
April	0.0482	0.0470	0.0476
May	0.0474	0.0461	0.0466
June	0.0473	0.0459	0.0467
July	0.0472	0.0460	0.0467
August	0.0472	0.0463	0.0468
September	0.0470	0.0455	0.0465
October	0.0470	0.0451	0.0464
November	0.0456	0.0447	0.0451
December	0.0478	0.0448	0.0459