2014 MKD to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MKD to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MKD to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 118.7528. Conversely, the yearly low was recorded on December 31, dropping to 103.8381.
This high-to-low spread represents a total annual volatility of 14.9147 ZMK. From a start-to-finish perspective, comparing the January average rate of 116.2235 to the December average rate of 105.1390, the exchange rate registered a net change of -9.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 118.7528 was up 0.37% compared to the 2013 peak of 118.3111, 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 ZMK 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 116.8168, compared to 109.8760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9408 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 4.9397 ZMK (High: 112.3540 / Low: 107.4143). On the other end, June was the most stable month, with a tight range of 0.8726 ZMK (High: 116.2227 / Low: 115.3501).
Growth Streaks & Declines
TrendsBetween February and April, 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 August and September, when the average rate fell by 3.6253 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 117.1648) against the same month in 2013 (average: 110.0218), the exchange rate shifted by +7.1430 (+6.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 117.5615 | 115.3401 | 116.2235 |
| February | 117.3355 | 114.5514 | 116.2012 |
| March | 118.6994 | 116.4677 | 117.6863 |
| April | 118.3133 | 116.7388 | 117.7232 |
| May | 118.7528 | 115.9518 | 117.1648 |
| June | 116.2227 | 115.3501 | 115.9017 |
| July | 116.5282 | 115.4862 | 115.7540 |
| August | 115.5214 | 112.5108 | 113.8942 |
| September | 112.3540 | 107.4143 | 110.2689 |
| October | 108.9504 | 107.2662 | 108.0260 |
| November | 106.9981 | 105.6023 | 106.1740 |
| December | 106.5255 | 103.8381 | 105.1390 |