2014 CDF to MKD Historical Review

YEARLY HIGH

0.0548 MKD

YEARLY LOW

0.0478 MKD

YEARLY AVERAGE

0.0502 MKD

2014 CDF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0548. Conversely, the yearly low was recorded on March 13, dropping to 0.0478.

This high-to-low spread represents a total annual volatility of 0.0070 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0489 to the December average rate of 0.0539, the exchange rate registered a net change of 10.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0548 was up 4.18% compared to the 2013 peak of 0.0526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 274 MKD

2013 Average 252 MKD

Yearly Trough Low 239 MKD

Transaction Impact: A difference of 34.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0545

0.0478

JanuMarcMayJulySeptNove

CDF 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 0.0487, compared to 0.0518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0487

H2 Avg (Jul–Dec) 0.0518

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0022 MKD (High: 0.0528 / Low: 0.0506). On the other end, June was the most stable month, with a tight range of 0.0005 MKD (High: 0.0493 / Low: 0.0488).

September Spread (Volatile) ±0.0022

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0006 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0539) against the same month in 2013 (average: 0.0487), the exchange rate shifted by +0.0052 (+10.76%).

2014 Avg (December) 0.0539

2013 Avg (December) 0.0487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0494	0.0485	0.0489
February	0.0494	0.0486	0.0490
March	0.0488	0.0478	0.0483
April	0.0488	0.0481	0.0484
May	0.0491	0.0480	0.0486
June	0.0493	0.0488	0.0491
July	0.0494	0.0488	0.0492
August	0.0505	0.0492	0.0500
September	0.0528	0.0506	0.0516
October	0.0529	0.0521	0.0526
November	0.0538	0.0530	0.0535
December	0.0548	0.0533	0.0539

2014 CDF నుండి MKD చారిత్రక సమీక్ష