YEARLY HIGH
0.6803 MUR
YEARLY LOW
0.6241 MUR
YEARLY AVERAGE
0.6621 MUR

2014 MKD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.6803. Conversely, the yearly low was recorded on December 23, dropping to 0.6241.

This high-to-low spread represents a total annual volatility of 0.0563 MUR. From a start-to-finish perspective, comparing the January average rate of 0.6705 to the December average rate of 0.6327, the exchange rate registered a net change of -5.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6803 was down 0.60% compared to the 2013 peak of 0.6844, 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 3,402 MUR
2013 Average 3,310 MUR
Yearly Trough Low 3,120 MUR
Transaction Impact: A difference of 281.31 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6804
0.6284
JanuMarcMayJulySeptNove

MKD to MUR 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 0.6725, compared to 0.6518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 0.6725
H2 Avg (Jul–Dec) 0.6518

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0207 MUR (High: 0.6652 / Low: 0.6445). On the other end, June was the most stable month, with a tight range of 0.0046 MUR (High: 0.6717 / Low: 0.6671).

September Spread (Volatile) ±0.0207
June Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.0095 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.6756) against the same month in 2013 (average: 0.6555), the exchange rate shifted by +0.0200 (+3.05%).

2014 Avg (March) 0.6756
2013 Avg (March) 0.6555

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6769 0.6652 0.6705
February 0.6743 0.6631 0.6694
March 0.6803 0.6710 0.6756
April 0.6799 0.6702 0.6761
May 0.6802 0.6685 0.6739
June 0.6717 0.6671 0.6693
July 0.6729 0.6675 0.6694
August 0.6715 0.6623 0.6659
September 0.6652 0.6445 0.6567
October 0.6548 0.6413 0.6472
November 0.6428 0.6337 0.6387
December 0.6409 0.6241 0.6327