2014 XCD to MKD Historical Review

YEARLY HIGH

18.7260 MKD

YEARLY LOW

16.3743 MKD

YEARLY AVERAGE

17.1795 MKD

2014 XCD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the XCD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 18.7260. Conversely, the yearly low was recorded on May 7, dropping to 16.3743.

This high-to-low spread represents a total annual volatility of 2.3518 MKD. From a start-to-finish perspective, comparing the January average rate of 16.7231 to the December average rate of 18.4938, the exchange rate registered a net change of 10.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 18.7260 was up 5.07% compared to the 2013 peak of 17.8223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93,630 MKD

2013 Average 86,122 MKD

Yearly Trough Low 81,871 MKD

Transaction Impact: A difference of 11,758.80 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

18.6923

16.3108

JanuMarcMayJulySeptNove

XCD 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 16.6404, compared to 17.7186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0781 points.

H1 Avg (Jan–Jun) 16.6404

H2 Avg (Jul–Dec) 17.7186

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.7923 MKD (High: 18.0991 / Low: 17.3068). On the other end, June was the most stable month, with a tight range of 0.0888 MKD (High: 16.8162 / Low: 16.7274).

September Spread (Volatile) ±0.7923

June Spread (Stable) ±0.0888

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 0.2139 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.2139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 18.4938) against the same month in 2013 (average: 16.6449), the exchange rate shifted by +1.8489 (+11.11%).

2014 Avg (December) 18.4938

2013 Avg (December) 16.6449

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.8585	16.5375	16.7231
February	16.8927	16.5751	16.7231
March	16.6138	16.3823	16.5092
April	16.6583	16.4350	16.5167
May	16.7684	16.3743	16.5967
June	16.8162	16.7274	16.7738
July	16.8372	16.6869	16.7970
August	17.2828	16.8349	17.0728
September	18.0991	17.3068	17.6346
October	18.1274	17.8442	17.9995
November	18.4130	18.1728	18.3138
December	18.7260	18.2505	18.4938