2014 MMK to MKD Historical Review

YEARLY HIGH

0.0496 MKD

YEARLY LOW

0.0453 MKD

YEARLY AVERAGE

0.0471 MKD

2014 MMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0496. Conversely, the yearly low was recorded on January 1, dropping to 0.0453.

This high-to-low spread represents a total annual volatility of 0.0043 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0458 to the December average rate of 0.0485, the exchange rate registered a net change of 5.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0496 was down 10.36% compared to the 2013 peak of 0.0553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 248 MKD

2013 Average 250 MKD

Yearly Trough Low 226 MKD

Transaction Impact: A difference of 21.53 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0492

0.0455

JanuMarcMayJulySeptNove

MMK to MKD 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 0.0462, compared to 0.0480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0462

H2 Avg (Jul–Dec) 0.0480

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0023 MKD (High: 0.0491 / Low: 0.0468). On the other end, June was the most stable month, with a tight range of 0.0005 MKD (High: 0.0469 / Low: 0.0463).

November Spread (Volatile) ±0.0023

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0008 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0489) against the same month in 2013 (average: 0.0464), the exchange rate shifted by +0.0025 (+5.40%).

2014 Avg (October) 0.0489

2013 Avg (October) 0.0464

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0462	0.0453	0.0458
February	0.0465	0.0456	0.0459
March	0.0465	0.0454	0.0460
April	0.0467	0.0462	0.0464
May	0.0469	0.0460	0.0465
June	0.0469	0.0463	0.0466
July	0.0468	0.0462	0.0466
August	0.0480	0.0467	0.0475
September	0.0493	0.0481	0.0486
October	0.0496	0.0484	0.0489
November	0.0491	0.0468	0.0482
December	0.0490	0.0479	0.0485