YEARLY HIGH
10.7865 XOF
YEARLY LOW
10.5691 XOF
YEARLY AVERAGE
10.6617 XOF

2014 MKD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 10.7865. Conversely, the yearly low was recorded on November 16, dropping to 10.5691.

This high-to-low spread represents a total annual volatility of 0.2173 XOF. From a start-to-finish perspective, comparing the January average rate of 10.6693 to the December average rate of 10.6634, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.7865 was down 1.79% compared to the 2013 peak of 10.9836, 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 53,932 XOF
2013 Average 53,101 XOF
Yearly Trough Low 52,846 XOF
Transaction Impact: A difference of 1,086.75 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.6964
10.6288
JanuMarcMayJulySeptNove

MKD to XOF 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 10.6555, compared to 10.6679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0124 points.

H1 Avg (Jan–Jun) 10.6555
H2 Avg (Jul–Dec) 10.6679

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.1497 XOF (High: 10.7865 / Low: 10.6368). On the other end, May was the most stable month, with a tight range of 0.0550 XOF (High: 10.6884 / Low: 10.6333).

July Spread (Volatile) ±0.1497
May Spread (Stable) ±0.0550

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0340 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 10.6856) against the same month in 2013 (average: 10.6526), the exchange rate shifted by +0.0331 (+0.31%).

2014 Avg (July) 10.6856
2013 Avg (July) 10.6526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7165 10.6401 10.6693
February 10.6750 10.5928 10.6447
March 10.6669 10.6091 10.6446
April 10.7046 10.6258 10.6596
May 10.6884 10.6333 10.6615
June 10.6885 10.6267 10.6533
July 10.7865 10.6368 10.6856
August 10.7669 10.6546 10.6907
September 10.7379 10.6041 10.6836
October 10.7084 10.5916 10.6496
November 10.6678 10.5691 10.6344
December 10.7016 10.6081 10.6634