YEARLY HIGH
0.0253 CAD
YEARLY LOW
0.0226 CAD
YEARLY AVERAGE
0.0238 CAD

2014 MKD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0253. Conversely, the yearly low was recorded on November 23, dropping to 0.0226.

This high-to-low spread represents a total annual volatility of 0.0027 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0242 to the December average rate of 0.0231, the exchange rate registered a net change of -4.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0253 was up 5.29% compared to the 2013 peak of 0.0240, 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 126 CAD
2013 Average 111 CAD
Yearly Trough Low 113 CAD
Transaction Impact: A difference of 13.25 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0251
0.0227
JanuMarcMayJulySeptNove

MKD to CAD 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 0.0244, compared to 0.0233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0244
H2 Avg (Jul–Dec) 0.0233

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0011 CAD (High: 0.0247 / Low: 0.0236). On the other end, April was the most stable month, with a tight range of 0.0004 CAD (High: 0.0248 / Low: 0.0244).

January Spread (Volatile) ±0.0011
April 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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0249) against the same month in 2013 (average: 0.0216), the exchange rate shifted by +0.0033 (+15.23%).

2014 Avg (March) 0.0249
2013 Avg (March) 0.0216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0247 0.0236 0.0242
February 0.0248 0.0243 0.0245
March 0.0253 0.0245 0.0249
April 0.0248 0.0244 0.0246
May 0.0247 0.0239 0.0243
June 0.0242 0.0236 0.0239
July 0.0240 0.0235 0.0237
August 0.0240 0.0233 0.0237
September 0.0234 0.0229 0.0231
October 0.0234 0.0228 0.0231
November 0.0231 0.0226 0.0229
December 0.0236 0.0229 0.0231