YEARLY HIGH
0.3206 UAH
YEARLY LOW
0.1820 UAH
YEARLY AVERAGE
0.2575 UAH

2014 MKD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.3206. Conversely, the yearly low was recorded on January 9, dropping to 0.1820.

This high-to-low spread represents a total annual volatility of 0.1387 UAH. From a start-to-finish perspective, comparing the January average rate of 0.1848 to the December average rate of 0.3132, the exchange rate registered a net change of 69.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3206 was up 72.26% compared to the 2013 peak of 0.1861, 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 1,603 UAH
2013 Average 877 UAH
Yearly Trough Low 910 UAH
Transaction Impact: A difference of 693.35 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3260
0.1720
JanuMarcMayJulySeptNove

MKD to UAH 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 0.2333, compared to 0.2816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0483 points.

H1 Avg (Jan–Jun) 0.2333
H2 Avg (Jul–Dec) 0.2816

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0519 UAH (High: 0.3153 / Low: 0.2634). On the other end, October was the most stable month, with a tight range of 0.0037 UAH (High: 0.2681 / Low: 0.2644).

November Spread (Volatile) ±0.0519
October Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0105 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3132) against the same month in 2013 (average: 0.1833), the exchange rate shifted by +0.1299 (+70.88%).

2014 Avg (December) 0.3132
2013 Avg (December) 0.1833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1886 0.1820 0.1848
February 0.2234 0.1867 0.1969
March 0.2499 0.2073 0.2249
April 0.2913 0.2515 0.2698
May 0.2663 0.2592 0.2626
June 0.2634 0.2574 0.2611
July 0.2685 0.2565 0.2598
August 0.2955 0.2676 0.2819
September 0.2848 0.2646 0.2714
October 0.2681 0.2644 0.2663
November 0.3153 0.2634 0.2972
December 0.3206 0.3047 0.3132