2014 MKD to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MKD to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MKD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 24.1725. Conversely, the yearly low was recorded on September 30, dropping to 21.5484.
This high-to-low spread represents a total annual volatility of 2.6241 KRW. From a start-to-finish perspective, comparing the January average rate of 23.5963 to the December average rate of 22.1083, the exchange rate registered a net change of -6.31% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 24.1725 was down 2.70% compared to the 2013 peak of 24.8428, 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 KRW 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 23.3446, compared to 22.1003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2443 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was August, with a trading range of 1.0593 KRW (High: 22.8072 / Low: 21.7479). On the other end, June was the most stable month, with a tight range of 0.2595 KRW (High: 22.6515 / Low: 22.3920).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 0.6289 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 24.0080) against the same month in 2013 (average: 23.2964), the exchange rate shifted by +0.7116 (+3.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.0167 | 23.3826 | 23.5963 |
| February | 23.9497 | 23.4877 | 23.7260 |
| March | 24.1725 | 23.7895 | 24.0080 |
| April | 23.7152 | 23.1798 | 23.3791 |
| May | 23.2281 | 22.5365 | 22.8683 |
| June | 22.6515 | 22.3920 | 22.4900 |
| July | 22.9311 | 22.2413 | 22.5086 |
| August | 22.8072 | 21.7479 | 22.2252 |
| September | 21.8747 | 21.5484 | 21.7352 |
| October | 22.0760 | 21.5831 | 21.8446 |
| November | 22.6047 | 21.8152 | 22.1797 |
| December | 22.4704 | 21.6309 | 22.1083 |