YEARLY HIGH
3.6676 MKD
YEARLY LOW
3.3294 MKD
YEARLY AVERAGE
3.4873 MKD

2014 MXN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MXN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 3.6676. Conversely, the yearly low was recorded on March 13, dropping to 3.3294.

This high-to-low spread represents a total annual volatility of 0.3382 MKD. From a start-to-finish perspective, comparing the January average rate of 3.4218 to the December average rate of 3.4352, the exchange rate registered a net change of 0.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.6676 was down 7.06% compared to the 2013 peak of 3.9464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 183,381 MKD
2013 Average 182,537 MKD
Yearly Trough Low 166,470 MKD
Transaction Impact: A difference of 16,911.01 MKD purely based on transaction execution date.

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3.6571
3.3536
JanuMarcMayJulySeptNove

MXN 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 3.4290, compared to 3.5456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1167 points.

H1 Avg (Jan–Jun) 3.4290
H2 Avg (Jul–Dec) 3.5456

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1945 MKD (High: 3.5367 / Low: 3.3422). On the other end, June was the most stable month, with a tight range of 0.0578 MKD (High: 3.5227 / Low: 3.4649).

December Spread (Volatile) Âą0.1945
June Spread (Stable) Âą0.0578

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1966 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1966

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 3.6318) against the same month in 2013 (average: 3.4809), the exchange rate shifted by +0.1509 (+4.34%).

2014 Avg (November) 3.6318
2013 Avg (November) 3.4809

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Month High Low Average
January 3.4780 3.3474 3.4218
February 3.4320 3.3731 3.3993
March 3.4304 3.3294 3.3789
April 3.4580 3.3885 3.4153
May 3.5257 3.4010 3.4680
June 3.5227 3.4649 3.4905
July 3.5144 3.4452 3.4946
August 3.5710 3.4464 3.5084
September 3.6400 3.5685 3.5995
October 3.6466 3.5601 3.6042
November 3.6676 3.5516 3.6318
December 3.5367 3.3422 3.4352