YEARLY HIGH
0.1224 DKK
YEARLY LOW
0.1198 DKK
YEARLY AVERAGE
0.1211 DKK

2014 MKD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.1224. Conversely, the yearly low was recorded on November 15, dropping to 0.1198.

This high-to-low spread represents a total annual volatility of 0.0027 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1212 to the December average rate of 0.1210, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1224 was down 1.93% compared to the 2013 peak of 0.1249, 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 612 DKK
2013 Average 604 DKK
Yearly Trough Low 599 DKK
Transaction Impact: A difference of 13.45 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1215
0.1205
JanuMarcMayJulySeptNove

MKD to DKK 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 0.1211, compared to 0.1211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1211
H2 Avg (Jul–Dec) 0.1211

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0019 DKK (High: 0.1217 / Low: 0.1199). On the other end, February was the most stable month, with a tight range of 0.0009 DKK (High: 0.1213 / Low: 0.1205).

October Spread (Volatile) ±0.0019
February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 0.1213) against the same month in 2013 (average: 0.1211), the exchange rate shifted by +0.0002 (+0.20%).

2014 Avg (July) 0.1213
2013 Avg (July) 0.1211

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1218 0.1209 0.1212
February 0.1213 0.1205 0.1210
March 0.1216 0.1203 0.1211
April 0.1217 0.1207 0.1212
May 0.1218 0.1208 0.1212
June 0.1215 0.1206 0.1210
July 0.1224 0.1206 0.1213
August 0.1222 0.1210 0.1214
September 0.1220 0.1204 0.1213
October 0.1217 0.1199 0.1208
November 0.1211 0.1198 0.1206
December 0.1215 0.1202 0.1210