YEARLY HIGH
0.0830 AED
YEARLY LOW
0.0726 AED
YEARLY AVERAGE
0.0793 AED

2014 MKD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.0830. Conversely, the yearly low was recorded on December 31, dropping to 0.0726.

This high-to-low spread represents a total annual volatility of 0.0104 AED. From a start-to-finish perspective, comparing the January average rate of 0.0813 to the December average rate of 0.0735, the exchange rate registered a net change of -9.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0830 was down 0.03% compared to the 2013 peak of 0.0831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 415 AED
2013 Average 395 AED
Yearly Trough Low 363 AED
Transaction Impact: A difference of 52.14 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0832
0.0726
JanuMarcMayJulySeptNove

MKD to AED 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 0.0817, compared to 0.0768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0817
H2 Avg (Jul–Dec) 0.0768

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0034 AED (High: 0.0786 / Low: 0.0751). On the other end, June was the most stable month, with a tight range of 0.0004 AED (High: 0.0813 / Low: 0.0809).

September Spread (Volatile) ±0.0034
June Spread (Stable) ±0.0004

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 August and September, when the average rate fell by 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0819) against the same month in 2013 (average: 0.0773), the exchange rate shifted by +0.0046 (+5.98%).

2014 Avg (May) 0.0819
2013 Avg (May) 0.0773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0822 0.0807 0.0813
February 0.0820 0.0805 0.0813
March 0.0830 0.0818 0.0824
April 0.0827 0.0816 0.0823
May 0.0830 0.0811 0.0819
June 0.0813 0.0809 0.0811
July 0.0815 0.0808 0.0809
August 0.0808 0.0787 0.0796
September 0.0786 0.0751 0.0771
October 0.0762 0.0750 0.0755
November 0.0748 0.0739 0.0742
December 0.0745 0.0726 0.0735