2014 SRD to MKD Historical Review

YEARLY HIGH

15.3883 MKD

YEARLY LOW

13.4113 MKD

YEARLY AVERAGE

14.0833 MKD

2014 SRD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SRD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 15.3883. Conversely, the yearly low was recorded on May 9, dropping to 13.4113.

This high-to-low spread represents a total annual volatility of 1.9770 MKD. From a start-to-finish perspective, comparing the January average rate of 13.7534 to the December average rate of 15.1772, the exchange rate registered a net change of 10.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 15.3883 was up 4.66% compared to the 2013 peak of 14.7036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,942 MKD

2013 Average 70,896 MKD

Yearly Trough Low 67,057 MKD

Transaction Impact: A difference of 9,884.82 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

15.3374

13.4149

JanuMarcMayJulySeptNove

SRD 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 13.6624, compared to 14.5042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8418 points.

H1 Avg (Jan–Jun) 13.6624

H2 Avg (Jul–Dec) 14.5042

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.7372 MKD (High: 14.7783 / Low: 14.0411). On the other end, June was the most stable month, with a tight range of 0.0736 MKD (High: 13.7148 / Low: 13.6412).

September Spread (Volatile) ±0.7372

June Spread (Stable) ±0.0736

Growth Streaks & Declines

Trends

Between May and December, 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 0.1753 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1753

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 15.1772) against the same month in 2013 (average: 13.6872), the exchange rate shifted by +1.4900 (+10.89%).

2014 Avg (December) 15.1772

2013 Avg (December) 13.6872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8686	13.6065	13.7534
February	13.8871	13.6354	13.7503
March	13.6699	13.4617	13.5751
April	13.7492	13.5489	13.6298
May	13.6902	13.4113	13.5795
June	13.7148	13.6412	13.6863
July	13.8861	13.6252	13.7301
August	14.2202	13.6755	13.9765
September	14.7783	14.0411	14.4454
October	14.8174	14.5701	14.6987
November	15.1610	14.8173	14.9972
December	15.3883	14.9381	15.1772