YEARLY HIGH
0.0160 JOD
YEARLY LOW
0.0140 JOD
YEARLY AVERAGE
0.0153 JOD

2014 MKD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.0160. Conversely, the yearly low was recorded on December 31, dropping to 0.0140.

This high-to-low spread represents a total annual volatility of 0.0020 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0157 to the December average rate of 0.0142, the exchange rate registered a net change of -9.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0160 was up 0.05% compared to the 2013 peak of 0.0160, 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 80 JOD
2013 Average 76 JOD
Yearly Trough Low 70 JOD
Transaction Impact: A difference of 10.15 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0160
0.0140
JanuMarcMayJulySeptNove

MKD to JOD 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 0.0157, compared to 0.0148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0157
H2 Avg (Jul–Dec) 0.0148

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0006 JOD (High: 0.0152 / Low: 0.0145). On the other end, June was the most stable month, with a tight range of 0.0001 JOD (High: 0.0157 / Low: 0.0156).

September Spread (Volatile) ±0.0006
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0158) against the same month in 2013 (average: 0.0149), the exchange rate shifted by +0.0009 (+6.02%).

2014 Avg (May) 0.0158
2013 Avg (May) 0.0149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0158 0.0155 0.0157
February 0.0158 0.0155 0.0157
March 0.0160 0.0158 0.0159
April 0.0160 0.0157 0.0159
May 0.0160 0.0156 0.0158
June 0.0157 0.0156 0.0156
July 0.0157 0.0156 0.0156
August 0.0156 0.0152 0.0153
September 0.0152 0.0145 0.0149
October 0.0147 0.0145 0.0146
November 0.0144 0.0142 0.0143
December 0.0144 0.0140 0.0142