2014 XAF to MKD Historical Review

YEARLY HIGH

0.0948 MKD

YEARLY LOW

0.0928 MKD

YEARLY AVERAGE

0.0938 MKD

2014 XAF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the XAF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.0948. Conversely, the yearly low was recorded on July 31, dropping to 0.0928.

This high-to-low spread represents a total annual volatility of 0.0020 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.0937, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0948 was down 3.25% compared to the 2013 peak of 0.0980, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 474 MKD

2013 Average 471 MKD

Yearly Trough Low 464 MKD

Transaction Impact: A difference of 10.09 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0941

0.0935

JanuMarcMayJulySeptNove

XAF 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 0.0939, compared to 0.0937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0939

H2 Avg (Jul–Dec) 0.0937

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0014 MKD (High: 0.0946 / Low: 0.0932). On the other end, June was the most stable month, with a tight range of 0.0005 MKD (High: 0.0941 / Low: 0.0936).

October Spread (Volatile) ±0.0014

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.0940) against the same month in 2013 (average: 0.0935), the exchange rate shifted by +0.0005 (+0.59%).

2014 Avg (November) 0.0940

2013 Avg (November) 0.0935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0940	0.0933	0.0938
February	0.0945	0.0937	0.0940
March	0.0943	0.0936	0.0939
April	0.0941	0.0935	0.0939
May	0.0941	0.0935	0.0938
June	0.0941	0.0936	0.0939
July	0.0941	0.0928	0.0936
August	0.0939	0.0929	0.0936
September	0.0941	0.0930	0.0936
October	0.0946	0.0932	0.0939
November	0.0948	0.0937	0.0940
December	0.0942	0.0934	0.0937