2014 UZS to MKD Historical Review

YEARLY HIGH

0.0208 MKD

YEARLY LOW

0.0193 MKD

YEARLY AVERAGE

0.0201 MKD

2014 UZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the UZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0208. Conversely, the yearly low was recorded on May 7, dropping to 0.0193.

This high-to-low spread represents a total annual volatility of 0.0015 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0207, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0208 was down 12.74% compared to the 2013 peak of 0.0239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104 MKD

2013 Average 111 MKD

Yearly Trough Low 97 MKD

Transaction Impact: A difference of 7.50 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0208

0.0194

JanuMarcMayJulySeptNove

UZS 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 0.0199, compared to 0.0202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0199

H2 Avg (Jul–Dec) 0.0202

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0007 MKD (High: 0.0206 / Low: 0.0199). On the other end, July was the most stable month, with a tight range of 0.0002 MKD (High: 0.0196 / Low: 0.0194).

September Spread (Volatile) ±0.0007

July Spread (Stable) ±0.0002

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 February and March, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0207) against the same month in 2013 (average: 0.0206), the exchange rate shifted by +0.0001 (+0.48%).

2014 Avg (December) 0.0207

2013 Avg (December) 0.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0207	0.0203	0.0205
February	0.0207	0.0201	0.0204
March	0.0201	0.0197	0.0199
April	0.0199	0.0195	0.0196
May	0.0198	0.0193	0.0196
June	0.0197	0.0195	0.0196
July	0.0196	0.0194	0.0195
August	0.0199	0.0195	0.0197
September	0.0206	0.0199	0.0202
October	0.0207	0.0203	0.0205
November	0.0208	0.0204	0.0206
December	0.0208	0.0204	0.0207