2014 MKD to ILS Historical Review

YEARLY HIGH

0.0801 ILS

YEARLY LOW

0.0745 ILS

YEARLY AVERAGE

0.0771 ILS

2014 MKD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0801. Conversely, the yearly low was recorded on August 5, dropping to 0.0745.

This high-to-low spread represents a total annual volatility of 0.0056 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0773 to the December average rate of 0.0787, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0801 was up 0.06% compared to the 2013 peak of 0.0801, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 401 ILS

2013 Average 388 ILS

Yearly Trough Low 373 ILS

Transaction Impact: A difference of 27.97 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0790

0.0751

JanuMarcMayJulySeptNove

MKD to ILS 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 0.0774, compared to 0.0767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0774

H2 Avg (Jul–Dec) 0.0767

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0030 ILS (High: 0.0801 / Low: 0.0771). On the other end, April was the most stable month, with a tight range of 0.0008 ILS (High: 0.0781 / Low: 0.0773).

December Spread (Volatile) ±0.0030

April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0787) against the same month in 2013 (average: 0.0779), the exchange rate shifted by +0.0008 (+1.03%).

2014 Avg (December) 0.0787

2013 Avg (December) 0.0779

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0778	0.0766	0.0773
February	0.0784	0.0771	0.0778
March	0.0784	0.0773	0.0780
April	0.0781	0.0773	0.0779
May	0.0779	0.0767	0.0773
June	0.0768	0.0757	0.0762
July	0.0760	0.0751	0.0755
August	0.0767	0.0745	0.0759
September	0.0770	0.0753	0.0763
October	0.0777	0.0750	0.0767
November	0.0788	0.0766	0.0775
December	0.0801	0.0771	0.0787

2014 MKD నుండి ILS చారిత్రక సమీక్ష