2014 SYP to MKD Historical Review

YEARLY HIGH

0.3214 MKD

YEARLY LOW

0.2798 MKD

YEARLY AVERAGE

0.3041 MKD

2014 SYP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SYP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.3214. Conversely, the yearly low was recorded on December 16, dropping to 0.2798.

This high-to-low spread represents a total annual volatility of 0.0416 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3190 to the December average rate of 0.2833, the exchange rate registered a net change of -11.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3214 was down 53.15% compared to the 2013 peak of 0.6860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,607 MKD

2013 Average 2,686 MKD

Yearly Trough Low 1,399 MKD

Transaction Impact: A difference of 207.76 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3226

0.2798

JanuMarcMayJulySeptNove

SYP 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 0.3098, compared to 0.2984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 0.3098

H2 Avg (Jul–Dec) 0.2984

Volatility Range Comparison

Volatility

The most volatile month in 2014 was April, with a trading range of 0.0144 MKD (High: 0.3145 / Low: 0.3002). On the other end, June was the most stable month, with a tight range of 0.0025 MKD (High: 0.3043 / Low: 0.3018).

April Spread (Volatile) ±0.0144

June Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0104 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.3170) against the same month in 2013 (average: 0.6635), the exchange rate shifted by -0.3465 (-52.22%).

2014 Avg (February) 0.3170

2013 Avg (February) 0.6635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3213	0.3165	0.3190
February	0.3214	0.3138	0.3170
March	0.3147	0.3088	0.3119
April	0.3145	0.3002	0.3062
May	0.3036	0.2982	0.3012
June	0.3043	0.3018	0.3034
July	0.3062	0.3013	0.3033
August	0.3086	0.3043	0.3058
September	0.3101	0.3007	0.3051
October	0.3039	0.2961	0.2993
November	0.3001	0.2879	0.2937
December	0.2868	0.2798	0.2833