YEARLY HIGH
0.0202 CHF
YEARLY LOW
0.0193 CHF
YEARLY AVERAGE
0.0197 CHF

2014 MKD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0202. Conversely, the yearly low was recorded on November 15, dropping to 0.0193.

This high-to-low spread represents a total annual volatility of 0.0008 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0200 to the December average rate of 0.0196, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0202 was down 1.84% compared to the 2013 peak of 0.0205, 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 101 CHF
2013 Average 100 CHF
Yearly Trough Low 97 CHF
Transaction Impact: A difference of 4.17 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0200
0.0194
JanuMarcMayJulySeptNove

MKD to CHF 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 0.0198, compared to 0.0196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0198
H2 Avg (Jul–Dec) 0.0196

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0004 CHF (High: 0.0198 / Low: 0.0194). On the other end, April was the most stable month, with a tight range of 0.0001 CHF (High: 0.0198 / Low: 0.0197).

October Spread (Volatile) ±0.0004
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0200) against the same month in 2013 (average: 0.0196), the exchange rate shifted by +0.0004 (+1.97%).

2014 Avg (January) 0.0200
2013 Avg (January) 0.0196

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0202 0.0198 0.0200
February 0.0199 0.0197 0.0198
March 0.0198 0.0197 0.0197
April 0.0198 0.0197 0.0198
May 0.0199 0.0197 0.0198
June 0.0198 0.0196 0.0198
July 0.0200 0.0197 0.0198
August 0.0199 0.0196 0.0197
September 0.0198 0.0195 0.0197
October 0.0198 0.0194 0.0196
November 0.0196 0.0193 0.0195
December 0.0196 0.0194 0.0196