YEARLY HIGH
0.0085 BHD
YEARLY LOW
0.0075 BHD
YEARLY AVERAGE
0.0081 BHD

2014 MKD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.0085. Conversely, the yearly low was recorded on December 31, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0011 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0083 to the December average rate of 0.0075, the exchange rate registered a net change of -9.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0085 was down 0.06% compared to the 2013 peak of 0.0085, 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 43 BHD
2013 Average 41 BHD
Yearly Trough Low 37 BHD
Transaction Impact: A difference of 5.35 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0085
0.0075
JanuMarcMayJulySeptNove

MKD to BHD 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 0.0084, compared to 0.0079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0084
H2 Avg (Jul–Dec) 0.0079

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0004 BHD (High: 0.0081 / Low: 0.0077). On the other end, June was the most stable month, with a tight range of 0.0000 BHD (High: 0.0083 / Low: 0.0083).

September Spread (Volatile) ±0.0004
June Spread (Stable) ±0.0000

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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0084) against the same month in 2013 (average: 0.0079), the exchange rate shifted by +0.0005 (+5.98%).

2014 Avg (May) 0.0084
2013 Avg (May) 0.0079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0084 0.0083 0.0083
February 0.0084 0.0083 0.0083
March 0.0085 0.0084 0.0085
April 0.0085 0.0084 0.0085
May 0.0085 0.0083 0.0084
June 0.0083 0.0083 0.0083
July 0.0084 0.0083 0.0083
August 0.0083 0.0081 0.0082
September 0.0081 0.0077 0.0079
October 0.0078 0.0077 0.0078
November 0.0077 0.0076 0.0076
December 0.0076 0.0075 0.0075