2014 BHD to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BHD to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BHD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 134.1739. Conversely, the yearly low was recorded on May 7, dropping to 117.3268.
This high-to-low spread represents a total annual volatility of 16.8471 MKD. From a start-to-finish perspective, comparing the January average rate of 119.8351 to the December average rate of 132.5105, the exchange rate registered a net change of 10.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 134.1739 was up 5.06% compared to the 2013 peak of 127.7158, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
BHD to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 119.2299, compared to 126.9522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.7223 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 5.6651 MKD (High: 129.6482 / Low: 123.9832). On the other end, June was the most stable month, with a tight range of 0.6474 MKD (High: 120.4927 / Low: 119.8452).
Growth Streaks & Declines
TrendsBetween 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 1.5323 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 132.5105) against the same month in 2013 (average: 119.2875), the exchange rate shifted by +13.2229 (+11.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 120.7844 | 119.1392 | 119.8351 |
| February | 121.0124 | 118.7362 | 119.8248 |
| March | 119.0510 | 117.3864 | 118.2924 |
| April | 119.3597 | 117.7645 | 118.3274 |
| May | 120.1395 | 117.3268 | 118.9193 |
| June | 120.4927 | 119.8452 | 120.1807 |
| July | 120.6222 | 119.5693 | 120.3531 |
| August | 123.7286 | 120.6145 | 122.3119 |
| September | 129.6482 | 123.9832 | 126.3455 |
| October | 129.8600 | 127.8623 | 128.9645 |
| November | 131.8991 | 130.1853 | 131.2278 |
| December | 134.1739 | 130.7779 | 132.5105 |