2014 MKD to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MKD to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MKD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 98.2208. Conversely, the yearly low was recorded on December 31, dropping to 83.4172.
This high-to-low spread represents a total annual volatility of 14.8036 SLL. From a start-to-finish perspective, comparing the January average rate of 95.7949 to the December average rate of 86.0397, the exchange rate registered a net change of -10.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 98.2208 was up 0.20% compared to the 2013 peak of 98.0280, 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 SLL 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 96.3097, compared to 91.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2949 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 5.1486 SLL (High: 88.5658 / Low: 83.4172). On the other end, July was the most stable month, with a tight range of 0.9187 SLL (High: 96.1183 / Low: 95.1995).
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 August and September, when the average rate fell by 3.1189 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 96.6111) against the same month in 2013 (average: 90.7290), the exchange rate shifted by +5.8821 (+6.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 96.7438 | 94.9041 | 95.7949 |
| February | 96.8512 | 94.9545 | 95.8266 |
| March | 97.9582 | 96.5048 | 97.0850 |
| April | 97.5069 | 95.3450 | 96.9050 |
| May | 98.2208 | 95.0752 | 96.6111 |
| June | 96.3156 | 95.2426 | 95.6360 |
| July | 96.1183 | 95.1995 | 95.7597 |
| August | 95.7225 | 93.8826 | 94.7446 |
| September | 93.6956 | 89.3411 | 91.6257 |
| October | 90.4666 | 89.0035 | 89.6893 |
| November | 89.0866 | 87.7266 | 88.2304 |
| December | 88.5658 | 83.4172 | 86.0397 |