2014 SGD to MKD Historical Review

YEARLY HIGH

38.5353 MKD

YEARLY LOW

34.8658 MKD

YEARLY AVERAGE

36.6128 MKD

2014 SGD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SGD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 38.5353. Conversely, the yearly low was recorded on March 19, dropping to 34.8658.

This high-to-low spread represents a total annual volatility of 3.6695 MKD. From a start-to-finish perspective, comparing the January average rate of 35.5092 to the December average rate of 37.9490, the exchange rate registered a net change of 6.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 38.5353 was down 0.91% compared to the 2013 peak of 38.8877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192,676 MKD

2013 Average 185,992 MKD

Yearly Trough Low 174,329 MKD

Transaction Impact: A difference of 18,347.44 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

38.4808

34.8908

JanuMarcMayJulySeptNove

SGD 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 35.6603, compared to 37.5654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9051 points.

H1 Avg (Jan–Jun) 35.6603

H2 Avg (Jul–Dec) 37.5654

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 1.0016 MKD (High: 38.3292 / Low: 37.3276). On the other end, June was the most stable month, with a tight range of 0.3733 MKD (High: 36.3623 / Low: 35.9890).

September Spread (Volatile) ±1.0016

June Spread (Stable) ±0.3733

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4759 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.4759

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 38.1816) against the same month in 2013 (average: 36.4327), the exchange rate shifted by +1.7490 (+4.80%).

2014 Avg (November) 38.1816

2013 Avg (November) 36.4327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.6999	35.2039	35.5092
February	35.9564	35.3256	35.6659
March	35.6035	34.8658	35.1900
April	35.7900	35.3916	35.5590
May	36.1100	35.3962	35.8163
June	36.3623	35.9890	36.2214
July	36.7336	36.1798	36.5013
August	37.3819	36.4669	36.9369
September	38.3292	37.3276	37.6973
October	38.4269	37.8175	38.1263
November	38.5353	37.6939	38.1816
December	38.2526	37.6865	37.9490