2014 MKD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MKD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 10.0257. Conversely, the yearly low was recorded on October 11, dropping to 8.0813.
This high-to-low spread represents a total annual volatility of 1.9444 MWK. From a start-to-finish perspective, comparing the January average rate of 9.6412 to the December average rate of 9.6286, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 10.0257 was up 3.78% compared to the 2013 peak of 9.6608, 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 MWK 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 9.1322, compared to 8.9195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2127 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was October, with a trading range of 1.4232 MWK (High: 9.5045 / Low: 8.0813). On the other end, June was the most stable month, with a tight range of 0.0732 MWK (High: 8.7313 / Low: 8.6581).
Growth Streaks & Declines
TrendsBetween September and December, 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 March and April, when the average rate fell by 0.4410 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 9.5569) against the same month in 2013 (average: 8.7535), the exchange rate shifted by +0.8034 (+9.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.9320 | 9.2992 | 9.6412 |
| February | 9.5371 | 9.3147 | 9.3978 |
| March | 9.5570 | 9.0845 | 9.3695 |
| April | 9.2061 | 8.7724 | 8.9285 |
| May | 8.9232 | 8.6600 | 8.7721 |
| June | 8.7313 | 8.6581 | 8.6844 |
| July | 8.7513 | 8.6392 | 8.6842 |
| August | 8.7271 | 8.4640 | 8.5606 |
| September | 8.4892 | 8.1918 | 8.3127 |
| October | 9.5045 | 8.0813 | 8.7743 |
| November | 10.0257 | 9.2575 | 9.5569 |
| December | 9.9768 | 9.2450 | 9.6286 |