YEARLY HIGH
5.1599 HUF
YEARLY LOW
4.8322 HUF
YEARLY AVERAGE
5.0134 HUF

2014 MKD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 5.1599. Conversely, the yearly low was recorded on January 1, dropping to 4.8322.

This high-to-low spread represents a total annual volatility of 0.3278 HUF. From a start-to-finish perspective, comparing the January average rate of 4.9013 to the December average rate of 5.0628, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 5.1599 was up 3.09% compared to the 2013 peak of 5.0053, 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 25,800 HUF
2013 Average 24,028 HUF
Yearly Trough Low 24,161 HUF
Transaction Impact: A difference of 1,638.78 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

5.1307
4.8804
JanuMarcMayJulySeptNove

MKD to HUF 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 4.9794, compared to 5.0473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0679 points.

H1 Avg (Jan–Jun) 4.9794
H2 Avg (Jul–Dec) 5.0473

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2363 HUF (High: 5.0685 / Low: 4.8322). On the other end, August was the most stable month, with a tight range of 0.0559 HUF (High: 5.1384 / Low: 5.0825).

January Spread (Volatile) ±0.2363
August Spread (Stable) ±0.0559

Growth Streaks & Declines

Trends

Between May and August, 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 0.1086 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 5.0628) against the same month in 2013 (average: 4.8659), the exchange rate shifted by +0.1970 (+4.05%).

2014 Avg (December) 5.0628
2013 Avg (December) 4.8659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.0685 4.8322 4.9013
February 5.0934 4.9642 5.0243
March 5.1131 4.9847 5.0533
April 5.0321 4.9450 4.9868
May 5.0042 4.9044 4.9460
June 5.0126 4.9012 4.9647
July 5.1476 5.0122 5.0416
August 5.1384 5.0825 5.1099
September 5.1461 5.0337 5.1020
October 5.0657 4.9444 4.9934
November 5.0315 4.9248 4.9742
December 5.1599 4.9578 5.0628