YEARLY HIGH
0.0746 SRD
YEARLY LOW
0.0650 SRD
YEARLY AVERAGE
0.0711 SRD

2014 MKD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.0746. Conversely, the yearly low was recorded on December 31, dropping to 0.0650.

This high-to-low spread represents a total annual volatility of 0.0096 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0727 to the December average rate of 0.0659, the exchange rate registered a net change of -9.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0746 was up 0.43% compared to the 2013 peak of 0.0742, 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 373 SRD
2013 Average 353 SRD
Yearly Trough Low 325 SRD
Transaction Impact: A difference of 47.90 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0744
0.0651
JanuMarcMayJulySeptNove

MKD to SRD 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 0.0732, compared to 0.0690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0732
H2 Avg (Jul–Dec) 0.0690

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0036 SRD (High: 0.0712 / Low: 0.0677). On the other end, June was the most stable month, with a tight range of 0.0004 SRD (High: 0.0733 / Low: 0.0729).

September Spread (Volatile) ±0.0036
June Spread (Stable) ±0.0004

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 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0736) against the same month in 2013 (average: 0.0690), the exchange rate shifted by +0.0046 (+6.72%).

2014 Avg (May) 0.0736
2013 Avg (May) 0.0690

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0735 0.0721 0.0727
February 0.0733 0.0720 0.0727
March 0.0743 0.0732 0.0737
April 0.0738 0.0727 0.0734
May 0.0746 0.0730 0.0736
June 0.0733 0.0729 0.0731
July 0.0734 0.0720 0.0728
August 0.0731 0.0703 0.0716
September 0.0712 0.0677 0.0692
October 0.0686 0.0675 0.0680
November 0.0675 0.0660 0.0667
December 0.0669 0.0650 0.0659