YEARLY HIGH
1.7582 BDT
YEARLY LOW
1.5408 BDT
YEARLY AVERAGE
1.6742 BDT

2014 MKD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 1.7582. Conversely, the yearly low was recorded on December 31, dropping to 1.5408.

This high-to-low spread represents a total annual volatility of 0.2175 BDT. From a start-to-finish perspective, comparing the January average rate of 1.7194 to the December average rate of 1.5529, the exchange rate registered a net change of -9.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.7582 was up 0.08% compared to the 2013 peak of 1.7568, 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 8,791 BDT
2013 Average 8,395 BDT
Yearly Trough Low 7,704 BDT
Transaction Impact: A difference of 1,087.42 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.7609
1.5339
JanuMarcMayJulySeptNove

MKD to BDT 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 1.7273, compared to 1.6211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1062 points.

H1 Avg (Jan–Jun) 1.7273
H2 Avg (Jul–Dec) 1.6211

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0744 BDT (High: 1.6560 / Low: 1.5816). On the other end, June was the most stable month, with a tight range of 0.0104 BDT (High: 1.7188 / Low: 1.7084).

September Spread (Volatile) ±0.0744
June Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0548 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.7420) against the same month in 2013 (average: 1.6601), the exchange rate shifted by +0.0819 (+4.93%).

2014 Avg (March) 1.7420
2013 Avg (March) 1.6601

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7375 1.7050 1.7194
February 1.7344 1.7005 1.7185
March 1.7582 1.7299 1.7420
April 1.7509 1.7266 1.7408
May 1.7550 1.7108 1.7308
June 1.7188 1.7084 1.7124
July 1.7236 1.7048 1.7107
August 1.7047 1.6578 1.6811
September 1.6560 1.5816 1.6263
October 1.6053 1.5812 1.5919
November 1.5768 1.5523 1.5635
December 1.5699 1.5408 1.5529