YEARLY HIGH
51.7507 UZS
YEARLY LOW
48.0232 UZS
YEARLY AVERAGE
49.8572 UZS

2014 MKD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 51.7507. Conversely, the yearly low was recorded on December 30, dropping to 48.0232.

This high-to-low spread represents a total annual volatility of 3.7274 UZS. From a start-to-finish perspective, comparing the January average rate of 48.7483 to the December average rate of 48.4200, the exchange rate registered a net change of -0.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 51.7507 was up 4.80% compared to the 2013 peak of 49.3824, 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 258,753 UZS
2013 Average 225,035 UZS
Yearly Trough Low 240,116 UZS
Transaction Impact: A difference of 18,637.20 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

51.4837
48.1415
JanuMarcMayJulySeptNove

MKD to UZS 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 50.1601, compared to 49.5543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6058 points.

H1 Avg (Jan–Jun) 50.1601
H2 Avg (Jul–Dec) 49.5543

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 1.8179 UZS (High: 50.2877 / Low: 48.4698). On the other end, July was the most stable month, with a tight range of 0.4850 UZS (High: 51.4141 / Low: 50.9291).

September Spread (Volatile) ±1.8179
July Spread (Stable) ±0.4850

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.2037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.2037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 51.0726) against the same month in 2013 (average: 43.5786), the exchange rate shifted by +7.4939 (+17.20%).

2014 Avg (May) 51.0726
2013 Avg (May) 43.5786

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.2930 48.3623 48.7483
February 49.8040 48.2978 48.9723
March 50.6520 49.8061 50.3177
April 51.2476 50.3237 50.9147
May 51.7507 50.6095 51.0726
June 51.2125 50.7253 50.9350
July 51.4141 50.9291 51.2052
August 51.3777 50.2820 50.7643
September 50.2877 48.4698 49.5606
October 49.2758 48.3762 48.8643
November 48.9449 48.0255 48.5117
December 49.0702 48.0232 48.4200