2014 CAD to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 CAD to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the CAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 44.1983. Conversely, the yearly low was recorded on March 19, dropping to 39.5631.
This high-to-low spread represents a total annual volatility of 4.6352 MKD. From a start-to-finish perspective, comparing the January average rate of 41.3809 to the December average rate of 43.2730, the exchange rate registered a net change of 4.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 44.1983 was down 7.67% compared to the 2013 peak of 47.8684, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
CAD 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 40.9989, compared to 43.0081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0093 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 1.8961 MKD (High: 42.3530 / Low: 40.4569). On the other end, April was the most stable month, with a tight range of 0.6901 MKD (High: 41.0131 / Low: 40.3230).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.7171 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 43.6959) against the same month in 2013 (average: 43.3569), the exchange rate shifted by +0.3390 (+0.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 42.3530 | 40.4569 | 41.3809 |
| February | 41.2097 | 40.3627 | 40.8620 |
| March | 40.7446 | 39.5631 | 40.1449 |
| April | 41.0131 | 40.3230 | 40.5730 |
| May | 41.7746 | 40.4683 | 41.1615 |
| June | 42.4472 | 41.3899 | 41.8711 |
| July | 42.5978 | 41.7196 | 42.2640 |
| August | 42.9335 | 41.6429 | 42.2192 |
| September | 43.7080 | 42.7987 | 43.2651 |
| October | 43.8042 | 42.7055 | 43.3317 |
| November | 44.1983 | 43.2555 | 43.6959 |
| December | 43.7153 | 42.4279 | 43.2730 |