2014 FKP to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 FKP to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the FKP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 79.2803. Conversely, the yearly low was recorded on March 19, dropping to 73.3151.
This high-to-low spread represents a total annual volatility of 5.9652 MKD. From a start-to-finish perspective, comparing the January average rate of 74.3838 to the December average rate of 78.0845, the exchange rate registered a net change of 4.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 79.2803 was up 3.22% compared to the 2013 peak of 76.8050, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
FKP 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 75.0364, compared to 77.7186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6821 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 2.9674 MKD (High: 79.2803 / Low: 76.3129). On the other end, April was the most stable month, with a tight range of 0.7757 MKD (High: 75.0406 / Low: 74.2649).
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 0.6749 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2014: 77.6245) against the same month in 2013 (average: 73.3058), the exchange rate shifted by +4.3187 (+5.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.3903 | 73.8527 | 74.3838 |
| February | 75.4053 | 74.2320 | 74.8209 |
| March | 75.0558 | 73.3151 | 74.1460 |
| April | 75.0406 | 74.2649 | 74.6959 |
| May | 76.1311 | 74.8687 | 75.4987 |
| June | 77.3042 | 75.7502 | 76.6732 |
| July | 77.8743 | 76.7913 | 77.4550 |
| August | 77.5959 | 76.4937 | 76.9976 |
| September | 79.2803 | 76.3129 | 77.6245 |
| October | 79.1624 | 77.3181 | 78.1323 |
| November | 78.9195 | 77.0314 | 78.0175 |
| December | 78.8156 | 77.2332 | 78.0845 |