YEARLY HIGH
1.7734 DZD
YEARLY LOW
1.6936 DZD
YEARLY AVERAGE
1.7377 DZD

2014 MKD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 1.7734. Conversely, the yearly low was recorded on November 8, dropping to 1.6936.

This high-to-low spread represents a total annual volatility of 0.0798 DZD. From a start-to-finish perspective, comparing the January average rate of 1.7349 to the December average rate of 1.7409, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.7734 was down 3.52% compared to the 2013 peak of 1.8382, 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 8,867 DZD
2013 Average 8,563 DZD
Yearly Trough Low 8,468 DZD
Transaction Impact: A difference of 398.88 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.7703
1.6998
JanuMarcMayJulySeptNove

MKD to DZD 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 1.7474, compared to 1.7280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 1.7474
H2 Avg (Jul–Dec) 1.7280

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0504 DZD (High: 1.7440 / Low: 1.6936). On the other end, June was the most stable month, with a tight range of 0.0108 DZD (High: 1.7570 / Low: 1.7462).

November Spread (Volatile) ±0.0504
June Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between February and April, 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 0.0305 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.7616) against the same month in 2013 (average: 1.6684), the exchange rate shifted by +0.0931 (+5.58%).

2014 Avg (May) 1.7616
2013 Avg (May) 1.6684

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7550 1.7200 1.7349
February 1.7373 1.7174 1.7278
March 1.7543 1.7309 1.7445
April 1.7727 1.7485 1.7644
May 1.7734 1.7498 1.7616
June 1.7570 1.7462 1.7513
July 1.7595 1.7485 1.7531
August 1.7584 1.7220 1.7362
September 1.7196 1.6964 1.7056
October 1.7306 1.7026 1.7172
November 1.7440 1.6936 1.7152
December 1.7491 1.7263 1.7409