2014 MKD to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MKD to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MKD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 10.7810. Conversely, the yearly low was recorded on November 16, dropping to 10.5515.
This high-to-low spread represents a total annual volatility of 0.2296 XAF. From a start-to-finish perspective, comparing the January average rate of 10.6656 to the December average rate of 10.6699, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 10.7810 was down 1.90% compared to the 2013 peak of 10.9902, 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 XAF 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 10.6516, compared to 10.6688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0172 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was October, with a trading range of 0.1545 XAF (High: 10.7239 / Low: 10.5695). On the other end, June was the most stable month, with a tight range of 0.0602 XAF (High: 10.6833 / Low: 10.6231).
Growth Streaks & Declines
TrendsBetween February and May, 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 September and October, when the average rate fell by 0.0353 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2014: 10.6810) against the same month in 2013 (average: 10.6504), the exchange rate shifted by +0.0306 (+0.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.7166 | 10.6339 | 10.6656 |
| February | 10.6738 | 10.5870 | 10.6418 |
| March | 10.6822 | 10.5993 | 10.6444 |
| April | 10.6998 | 10.6237 | 10.6516 |
| May | 10.6985 | 10.6318 | 10.6579 |
| June | 10.6833 | 10.6231 | 10.6483 |
| July | 10.7810 | 10.6301 | 10.6810 |
| August | 10.7618 | 10.6514 | 10.6874 |
| September | 10.7579 | 10.6222 | 10.6868 |
| October | 10.7239 | 10.5695 | 10.6516 |
| November | 10.6721 | 10.5515 | 10.6359 |
| December | 10.7053 | 10.6169 | 10.6699 |