2014 PKR to MKD Historical Review

YEARLY HIGH

0.5024 MKD

YEARLY LOW

0.4238 MKD

YEARLY AVERAGE

0.4595 MKD

2014 PKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5024. Conversely, the yearly low was recorded on January 1, dropping to 0.4238.

This high-to-low spread represents a total annual volatility of 0.0786 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4283 to the December average rate of 0.4954, the exchange rate registered a net change of 15.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5024 was up 2.29% compared to the 2013 peak of 0.4912, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 251,225 MKD

2013 Average 229,572 MKD

Yearly Trough Low 211,904 MKD

Transaction Impact: A difference of 39,320.17 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5021

0.4216

JanuMarcMayJulySeptNove

PKR 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 0.4458, compared to 0.4732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 0.4458

H2 Avg (Jul–Dec) 0.4732

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0318 MKD (High: 0.4578 / Low: 0.4260). On the other end, July was the most stable month, with a tight range of 0.0036 MKD (High: 0.4607 / Low: 0.4571).

March Spread (Volatile) ±0.0318

July Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between July and December, 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 April and May, when the average rate fell by 0.0029 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.4954) against the same month in 2013 (average: 0.4202), the exchange rate shifted by +0.0752 (+17.90%).

2014 Avg (December) 0.4954

2013 Avg (December) 0.4202

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4316	0.4238	0.4283
February	0.4326	0.4265	0.4297
March	0.4578	0.4260	0.4453
April	0.4623	0.4512	0.4573
May	0.4588	0.4490	0.4544
June	0.4618	0.4576	0.4599
July	0.4607	0.4571	0.4596
August	0.4659	0.4571	0.4610
September	0.4767	0.4576	0.4647
October	0.4776	0.4686	0.4731
November	0.4901	0.4771	0.4853
December	0.5024	0.4850	0.4954