YEARLY HIGH
10.7810 XAF
YEARLY LOW
10.5515 XAF
YEARLY AVERAGE
10.6602 XAF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 53,905 XAF
2013 Average 53,096 XAF
Yearly Trough Low 52,757 XAF
Transaction Impact: A difference of 1,147.84 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.6925
10.6307
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 10.6516
H2 Avg (Jul–Dec) 10.6688

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±0.1545
June Spread (Stable) ±0.0602

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2014 Avg (July) 10.6810
2013 Avg (July) 10.6504

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