2014 MKD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MKD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 26.5666. Conversely, the yearly low was recorded on December 26, dropping to 23.0292.
This high-to-low spread represents a total annual volatility of 3.5375 IQD. From a start-to-finish perspective, comparing the January average rate of 25.8174 to the December average rate of 23.5326, the exchange rate registered a net change of -8.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 26.5666 was up 0.78% compared to the 2013 peak of 26.3617, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
MKD to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.0139, compared to 24.5928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4210 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 1.1166 IQD (High: 25.1913 / Low: 24.0746). On the other end, November was the most stable month, with a tight range of 0.3392 IQD (High: 24.0241 / Low: 23.6849).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8348 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 26.1781) against the same month in 2013 (average: 24.5394), the exchange rate shifted by +1.6386 (+6.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.0432 | 25.5641 | 25.8174 |
| February | 26.1391 | 25.4908 | 25.8130 |
| March | 26.5666 | 25.9836 | 26.1781 |
| April | 26.4769 | 25.8844 | 26.1222 |
| May | 26.5534 | 25.7647 | 26.1842 |
| June | 26.0653 | 25.6599 | 25.9686 |
| July | 26.1175 | 25.6103 | 25.9045 |
| August | 25.9217 | 24.9310 | 25.4847 |
| September | 25.1913 | 24.0746 | 24.6499 |
| October | 24.4377 | 23.8116 | 24.1724 |
| November | 24.0241 | 23.6849 | 23.8129 |
| December | 24.1353 | 23.0292 | 23.5326 |