2014 MKD to TWD Historical Review

YEARLY HIGH

0.6868 TWD

YEARLY LOW

0.6151 TWD

YEARLY AVERAGE

0.6544 TWD

2014 MKD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.6868. Conversely, the yearly low was recorded on November 8, dropping to 0.6151.

This high-to-low spread represents a total annual volatility of 0.0717 TWD. From a start-to-finish perspective, comparing the January average rate of 0.6676 to the December average rate of 0.6290, the exchange rate registered a net change of -5.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6868 was up 1.78% compared to the 2013 peak of 0.6747, 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 3,434 TWD

2013 Average 3,192 TWD

Yearly Trough Low 3,075 TWD

Transaction Impact: A difference of 358.42 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6880

0.6153

JanuMarcMayJulySeptNove

MKD to TWD 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 0.6721, compared to 0.6366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0356 points.

H1 Avg (Jan–Jun) 0.6721

H2 Avg (Jul–Dec) 0.6366

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0192 TWD (High: 0.6603 / Low: 0.6411). On the other end, July was the most stable month, with a tight range of 0.0044 TWD (High: 0.6634 / Low: 0.6590).

August Spread (Volatile) ±0.0192

July Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0179 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.6820) against the same month in 2013 (average: 0.6283), the exchange rate shifted by +0.0537 (+8.54%).

2014 Avg (March) 0.6820

2013 Avg (March) 0.6283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6735	0.6643	0.6676
February	0.6774	0.6646	0.6715
March	0.6868	0.6746	0.6820
April	0.6809	0.6724	0.6773
May	0.6811	0.6625	0.6723
June	0.6645	0.6597	0.6621
July	0.6634	0.6590	0.6606
August	0.6603	0.6411	0.6505
September	0.6399	0.6221	0.6326
October	0.6307	0.6215	0.6254
November	0.6288	0.6151	0.6213
December	0.6371	0.6247	0.6290