2014 WST to MKD Historical Review

YEARLY HIGH

21.0223 MKD

YEARLY LOW

19.0383 MKD

YEARLY AVERAGE

19.8725 MKD

2014 WST to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the WST to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 21.0223. Conversely, the yearly low was recorded on March 17, dropping to 19.0383.

This high-to-low spread represents a total annual volatility of 1.9840 MKD. From a start-to-finish perspective, comparing the January average rate of 19.3822 to the December average rate of 20.8001, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 21.0223 was up 0.29% compared to the 2013 peak of 20.9607, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,111 MKD

2013 Average 100,609 MKD

Yearly Trough Low 95,192 MKD

Transaction Impact: A difference of 9,919.86 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

20.9596

19.0457

JanuMarcMayJulySeptNove

WST 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 19.4342, compared to 20.3108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8766 points.

H1 Avg (Jan–Jun) 19.4342

H2 Avg (Jul–Dec) 20.3108

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.5699 MKD (High: 20.2093 / Low: 19.6394). On the other end, April was the most stable month, with a tight range of 0.2431 MKD (High: 19.5067 / Low: 19.2636).

August Spread (Volatile) ±0.5699

April Spread (Stable) ±0.2431

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 0.1180 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 20.8001) against the same month in 2013 (average: 19.3519), the exchange rate shifted by +1.4481 (+7.48%).

2014 Avg (December) 20.8001

2013 Avg (December) 19.3519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.5548	19.2113	19.3822
February	19.5430	19.1592	19.3231
March	19.4743	19.0383	19.2052
April	19.5067	19.2636	19.4157
May	19.8264	19.2959	19.5955
June	19.8075	19.5049	19.6836
July	19.9429	19.6328	19.7606
August	20.2093	19.6394	19.9519
September	20.5502	20.1277	20.3143
October	20.5875	20.2800	20.4304
November	20.7785	20.2889	20.6075
December	21.0223	20.5164	20.8001