YEARLY HIGH
0.1755 HKD
YEARLY LOW
0.1533 HKD
YEARLY AVERAGE
0.1674 HKD

2014 MKD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.1755. Conversely, the yearly low was recorded on December 31, dropping to 0.1533.

This high-to-low spread represents a total annual volatility of 0.0222 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1717 to the December average rate of 0.1552, the exchange rate registered a net change of -9.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1755 was up 0.10% compared to the 2013 peak of 0.1753, 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 877 HKD
2013 Average 834 HKD
Yearly Trough Low 767 HKD
Transaction Impact: A difference of 110.80 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1759
0.1533
JanuMarcMayJulySeptNove

MKD to HKD 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 0.1725, compared to 0.1622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.1725
H2 Avg (Jul–Dec) 0.1622

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0070 HKD (High: 0.1658 / Low: 0.1588). On the other end, June was the most stable month, with a tight range of 0.0009 HKD (High: 0.1715 / Low: 0.1706).

September Spread (Volatile) ±0.0070
June Spread (Stable) ±0.0009

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 0.0053 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.1740) against the same month in 2013 (average: 0.1638), the exchange rate shifted by +0.0102 (+6.24%).

2014 Avg (March) 0.1740
2013 Avg (March) 0.1638

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1736 0.1704 0.1717
February 0.1733 0.1701 0.1717
March 0.1755 0.1729 0.1740
April 0.1746 0.1724 0.1738
May 0.1753 0.1712 0.1729
June 0.1715 0.1706 0.1711
July 0.1719 0.1704 0.1708
August 0.1704 0.1660 0.1681
September 0.1658 0.1588 0.1628
October 0.1609 0.1584 0.1596
November 0.1580 0.1559 0.1567
December 0.1573 0.1533 0.1552