2014 GTQ to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GTQ to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GTQ to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 6.6539. Conversely, the yearly low was recorded on January 1, dropping to 5.6952.
This high-to-low spread represents a total annual volatility of 0.9587 MKD. From a start-to-finish perspective, comparing the January average rate of 5.7571 to the December average rate of 6.5496, the exchange rate registered a net change of 13.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 6.6539 was up 7.37% compared to the 2013 peak of 6.1973, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
GTQ 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 5.7832, compared to 6.2181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4349 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 0.3512 MKD (High: 6.3657 / Low: 6.0146). On the other end, June was the most stable month, with a tight range of 0.0433 MKD (High: 5.8218 / Low: 5.7785).
Growth Streaks & Declines
TrendsBetween April and December, 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 February and March, when the average rate fell by 0.0462 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 6.5496) against the same month in 2013 (average: 5.7155), the exchange rate shifted by +0.8341 (+14.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.8183 | 5.6952 | 5.7571 |
| February | 5.8504 | 5.7781 | 5.8154 |
| March | 5.8076 | 5.7144 | 5.7693 |
| April | 5.7967 | 5.7176 | 5.7539 |
| May | 5.8355 | 5.7334 | 5.7984 |
| June | 5.8218 | 5.7785 | 5.8048 |
| July | 5.8649 | 5.7954 | 5.8393 |
| August | 6.0053 | 5.8218 | 5.9052 |
| September | 6.3657 | 6.0146 | 6.1597 |
| October | 6.4221 | 6.3131 | 6.3572 |
| November | 6.5471 | 6.4431 | 6.4975 |
| December | 6.6539 | 6.4589 | 6.5496 |