2014 MKD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MKD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 34.1976. Conversely, the yearly low was recorded on December 31, dropping to 29.9069.
This high-to-low spread represents a total annual volatility of 4.2907 LBP. From a start-to-finish perspective, comparing the January average rate of 33.3098 to the December average rate of 30.2822, the exchange rate registered a net change of -9.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 34.1976 was up 0.26% compared to the 2013 peak of 34.1099, 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 LBP 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 33.5375, compared to 31.6427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8948 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 1.4113 LBP (High: 32.3749 / Low: 30.9636). On the other end, June was the most stable month, with a tight range of 0.1935 LBP (High: 33.4205 / Low: 33.2271).
Growth Streaks & Declines
TrendsBetween February and April, 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 0.9968 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 33.7330) against the same month in 2013 (average: 31.6968), the exchange rate shifted by +2.0362 (+6.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.6409 | 33.0085 | 33.3098 |
| February | 33.6298 | 32.9648 | 33.2955 |
| March | 34.0181 | 33.5272 | 33.7512 |
| April | 34.0074 | 33.4522 | 33.8092 |
| May | 34.1976 | 33.3814 | 33.7330 |
| June | 33.4205 | 33.2271 | 33.3265 |
| July | 33.4817 | 33.2382 | 33.3293 |
| August | 33.2233 | 32.4155 | 32.7677 |
| September | 32.3749 | 30.9636 | 31.7709 |
| October | 31.3967 | 30.9299 | 31.1252 |
| November | 30.8380 | 30.4200 | 30.5810 |
| December | 30.6736 | 29.9069 | 30.2822 |