2014 CZK to MKD Historical Review

YEARLY HIGH

2.2680 MKD

YEARLY LOW

2.1941 MKD

YEARLY AVERAGE

2.2361 MKD

2014 CZK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CZK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 2.2680. Conversely, the yearly low was recorded on August 24, dropping to 2.1941.

This high-to-low spread represents a total annual volatility of 0.0739 MKD. From a start-to-finish perspective, comparing the January average rate of 2.2398 to the December average rate of 2.2249, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.2680 was down 9.43% compared to the 2013 peak of 2.5041, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,340 MKD

2013 Average 11,900 MKD

Yearly Trough Low 10,971 MKD

Transaction Impact: A difference of 369.52 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.2555

2.2039

JanuMarcMayJulySeptNove

CZK 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 2.2455, compared to 2.2268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0187 points.

H1 Avg (Jan–Jun) 2.2455

H2 Avg (Jul–Dec) 2.2268

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0492 MKD (High: 2.2521 / Low: 2.2028). On the other end, May was the most stable month, with a tight range of 0.0113 MKD (High: 2.2497 / Low: 2.2384).

July Spread (Volatile) ±0.0492

May Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0298 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 2.2512) against the same month in 2013 (average: 2.3941), the exchange rate shifted by -0.1428 (-5.97%).

2014 Avg (March) 2.2512

2013 Avg (March) 2.3941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2519	2.2214	2.2398
February	2.2634	2.2325	2.2479
March	2.2680	2.2337	2.2512
April	2.2556	2.2348	2.2448
May	2.2497	2.2384	2.2439
June	2.2525	2.2383	2.2451
July	2.2521	2.2028	2.2380
August	2.2221	2.1941	2.2082
September	2.2471	2.2137	2.2261
October	2.2548	2.2104	2.2344
November	2.2450	2.2115	2.2292
December	2.2404	2.2125	2.2249