2014 SBD to MKD Historical Review

YEARLY HIGH

6.7089 MKD

YEARLY LOW

6.0384 MKD

YEARLY AVERAGE

6.3454 MKD

2014 SBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 6.7089. Conversely, the yearly low was recorded on May 8, dropping to 6.0384.

This high-to-low spread represents a total annual volatility of 0.6705 MKD. From a start-to-finish perspective, comparing the January average rate of 6.2628 to the December average rate of 6.6033, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 6.7089 was down 1.30% compared to the 2013 peak of 6.7970, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,544 MKD

2013 Average 32,523 MKD

Yearly Trough Low 30,192 MKD

Transaction Impact: A difference of 3,352.39 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

6.7011

6.0813

JanuMarcMayJulySeptNove

SBD 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 6.1891, compared to 6.5017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3126 points.

H1 Avg (Jan–Jun) 6.1891

H2 Avg (Jul–Dec) 6.5017

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1989 MKD (High: 6.7089 / Low: 6.5100). On the other end, July was the most stable month, with a tight range of 0.0778 MKD (High: 6.3012 / Low: 6.2234).

December Spread (Volatile) ±0.1989

July Spread (Stable) ±0.0778

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0817 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 6.6033) against the same month in 2013 (average: 6.2528), the exchange rate shifted by +0.3506 (+5.61%).

2014 Avg (December) 6.6033

2013 Avg (December) 6.2528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.3081	6.2093	6.2628
February	6.2908	6.1577	6.2178
March	6.1733	6.0870	6.1361
April	6.1933	6.0999	6.1330
May	6.2083	6.0384	6.1366
June	6.2945	6.1900	6.2484
July	6.3012	6.2234	6.2710
August	6.4660	6.2744	6.3757
September	6.6166	6.4345	6.5272
October	6.6406	6.5315	6.5836
November	6.6863	6.6028	6.6494
December	6.7089	6.5100	6.6033