YEARLY HIGH
25.2945 MKD
YEARLY LOW
22.1177 MKD
YEARLY AVERAGE
23.2043 MKD

2014 BBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 25.2945. Conversely, the yearly low was recorded on May 7, dropping to 22.1177.

This high-to-low spread represents a total annual volatility of 3.1769 MKD. From a start-to-finish perspective, comparing the January average rate of 22.5877 to the December average rate of 24.9803, 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 25.2945 was up 5.06% compared to the 2013 peak of 24.0772, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 126,473 MKD
2013 Average 116,334 MKD
Yearly Trough Low 110,588 MKD
Transaction Impact: A difference of 15,884.25 MKD purely based on transaction execution date.

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25.2485
22.0306
JanuMarcMayJulySeptNove

BBD 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 22.4761, compared to 23.9325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4565 points.

H1 Avg (Jan–Jun) 22.4761
H2 Avg (Jul–Dec) 23.9325

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 1.0702 MKD (High: 24.4475 / Low: 23.3773). On the other end, June was the most stable month, with a tight range of 0.1200 MKD (High: 22.7146 / Low: 22.5947).

September Spread (Volatile) Âą1.0702
June Spread (Stable) Âą0.1200

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 0.2891 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.2891

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 24.9803) against the same month in 2013 (average: 22.4826), the exchange rate shifted by +2.4977 (+11.11%).

2014 Avg (December) 24.9803
2013 Avg (December) 22.4826

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Month High Low Average
January 22.7675 22.3373 22.5877
February 22.8188 22.3849 22.5878
March 22.4414 22.1276 22.2987
April 22.4972 22.1999 22.3091
May 22.6474 22.1177 22.4169
June 22.7146 22.5947 22.6561
July 22.7387 22.5399 22.6877
August 23.3448 22.7364 23.0599
September 24.4475 23.3773 23.8189
October 24.4813 24.1028 24.3117
November 24.8670 24.5426 24.7366
December 25.2945 24.6515 24.9803