2014 RUB to MKD Historical Review

YEARLY HIGH

1.3668 MKD

YEARLY LOW

0.7194 MKD

YEARLY AVERAGE

1.2245 MKD

2014 RUB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RUB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 1.3668. Conversely, the yearly low was recorded on December 16, dropping to 0.7194.

This high-to-low spread represents a total annual volatility of 0.6474 MKD. From a start-to-finish perspective, comparing the January average rate of 1.3407 to the December average rate of 0.8921, the exchange rate registered a net change of -33.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3668 was down 13.30% compared to the 2013 peak of 1.5765, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,834 MKD

2013 Average 7,313 MKD

Yearly Trough Low 3,597 MKD

Transaction Impact: A difference of 3,236.91 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3856

0.8472

JanuMarcMayJulySeptNove

RUB 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 1.2850, compared to 1.1641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1210 points.

H1 Avg (Jan–Jun) 1.2850

H2 Avg (Jul–Dec) 1.1641

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.2600 MKD (High: 0.9794 / Low: 0.7194). On the other end, August was the most stable month, with a tight range of 0.0319 MKD (High: 1.2911 / Low: 1.2593).

December Spread (Volatile) ±0.2600

August Spread (Stable) ±0.0319

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1759 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1759

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.3407) against the same month in 2013 (average: 1.5591), the exchange rate shifted by -0.2184 (-14.01%).

2014 Avg (January) 1.3407

2013 Avg (January) 1.5591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3668	1.2893	1.3407
February	1.3128	1.2428	1.2815
March	1.2710	1.2105	1.2334
April	1.2756	1.2269	1.2508
May	1.3231	1.2401	1.2853
June	1.3430	1.2908	1.3184
July	1.3328	1.2736	1.3065
August	1.2911	1.2593	1.2748
September	1.2837	1.2296	1.2533
October	1.2335	1.1298	1.1897
November	1.1419	0.9889	1.0679
December	0.9794	0.7194	0.8921