YEARLY HIGH
0.0464 MKD
YEARLY LOW
0.0414 MKD
YEARLY AVERAGE
0.0441 MKD

2014 KRW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KRW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0464. Conversely, the yearly low was recorded on March 23, dropping to 0.0414.

This high-to-low spread represents a total annual volatility of 0.0050 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0424 to the December average rate of 0.0452, the exchange rate registered a net change of 6.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0464 was up 3.81% compared to the 2013 peak of 0.0447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 232,036 MKD
2013 Average 212,566 MKD
Yearly Trough Low 206,847 MKD
Transaction Impact: A difference of 25,189.02 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0464
0.0412
JanuMarcMayJulySeptNove

KRW 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 0.0429, compared to 0.0453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0429
H2 Avg (Jul–Dec) 0.0453

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0021 MKD (High: 0.0460 / Low: 0.0438). On the other end, June was the most stable month, with a tight range of 0.0005 MKD (High: 0.0447 / Low: 0.0441).

August Spread (Volatile) ±0.0021
June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.0460) against the same month in 2013 (average: 0.0426), the exchange rate shifted by +0.0034 (+8.02%).

2014 Avg (September) 0.0460
2013 Avg (September) 0.0426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0428 0.0416 0.0424
February 0.0426 0.0418 0.0421
March 0.0420 0.0414 0.0417
April 0.0431 0.0422 0.0428
May 0.0444 0.0431 0.0437
June 0.0447 0.0441 0.0445
July 0.0450 0.0436 0.0444
August 0.0460 0.0438 0.0450
September 0.0464 0.0457 0.0460
October 0.0463 0.0453 0.0458
November 0.0458 0.0442 0.0451
December 0.0462 0.0445 0.0452