2014 EUR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 EUR to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the EUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 62.2353. Conversely, the yearly low was recorded on July 31, dropping to 60.8851.
This high-to-low spread represents a total annual volatility of 1.3502 MKD. From a start-to-finish perspective, comparing the January average rate of 61.5291 to the December average rate of 61.4882, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 62.2353 was down 3.20% compared to the 2013 peak of 64.2949, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
EUR 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 61.6170, compared to 61.5015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1155 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was October, with a trading range of 1.0942 MKD (High: 62.2353 / Low: 61.1412). On the other end, June was the most stable month, with a tight range of 0.4865 MKD (High: 61.8774 / Low: 61.3909).
Growth Streaks & Declines
TrendsBetween September and November, 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 November and December, when the average rate fell by 0.2112 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 61.6030) against the same month in 2013 (average: 61.5270), the exchange rate shifted by +0.0760 (+0.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.8321 | 61.1545 | 61.5291 |
| February | 62.0087 | 61.4779 | 61.7091 |
| March | 62.1455 | 61.2811 | 61.6547 |
| April | 61.9117 | 61.3450 | 61.6128 |
| May | 61.7725 | 61.2046 | 61.5617 |
| June | 61.8774 | 61.3909 | 61.6347 |
| July | 61.8243 | 60.8851 | 61.4461 |
| August | 61.6280 | 61.0569 | 61.4026 |
| September | 61.7499 | 60.8986 | 61.3695 |
| October | 62.2353 | 61.1412 | 61.6030 |
| November | 62.2047 | 61.4091 | 61.6994 |
| December | 61.9800 | 61.1789 | 61.4882 |