YEARLY HIGH
98.2208 SLL
YEARLY LOW
83.4172 SLL
YEARLY AVERAGE
93.6623 SLL

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 491,104 SLL
2013 Average 464,710 SLL
Yearly Trough Low 417,086 SLL
Transaction Impact: A difference of 74,017.82 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

98.1895
84.9351
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 96.3097
H2 Avg (Jul–Dec) 91.0149

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±5.1486
July Spread (Stable) ±0.9187

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.1189

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2014 Avg (May) 96.6111
2013 Avg (May) 90.7290

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