2014 MKD to XDR Historical Review

YEARLY HIGH

0.0146 XDR

YEARLY LOW

0.0137 XDR

YEARLY AVERAGE

0.0142 XDR

2014 MKD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0146. Conversely, the yearly low was recorded on December 30, dropping to 0.0137.

This high-to-low spread represents a total annual volatility of 0.0009 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0144 to the December average rate of 0.0138, the exchange rate registered a net change of -4.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0146 was down 1.40% compared to the 2013 peak of 0.0148, 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 73 XDR

2013 Average 71 XDR

Yearly Trough Low 68 XDR

Transaction Impact: A difference of 4.52 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0146

0.0137

JanuMarcMayJulySeptNove

MKD to XDR 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 0.0144, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0144

H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0003 XDR (High: 0.0141 / Low: 0.0138). On the other end, June was the most stable month, with a tight range of 0.0001 XDR (High: 0.0144 / Low: 0.0143).

September Spread (Volatile) ±0.0003

June Spread (Stable) ±0.0001

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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0145) against the same month in 2013 (average: 0.0140), the exchange rate shifted by +0.0004 (+3.18%).

2014 Avg (March) 0.0145

2013 Avg (March) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0145	0.0143	0.0144
February	0.0144	0.0143	0.0144
March	0.0146	0.0144	0.0145
April	0.0145	0.0144	0.0145
May	0.0145	0.0143	0.0144
June	0.0144	0.0143	0.0143
July	0.0144	0.0143	0.0143
August	0.0144	0.0141	0.0142
September	0.0141	0.0138	0.0140
October	0.0139	0.0138	0.0138
November	0.0139	0.0137	0.0138
December	0.0139	0.0137	0.0138