YEARLY HIGH
1.1300 MKD
YEARLY LOW
0.9872 MKD
YEARLY AVERAGE
1.0452 MKD

2014 PHP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PHP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.1300. Conversely, the yearly low was recorded on March 21, dropping to 0.9872.

This high-to-low spread represents a total annual volatility of 0.1428 MKD. From a start-to-finish perspective, comparing the January average rate of 1.0047 to the December average rate of 1.1182, the exchange rate registered a net change of 11.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1300 was down 4.03% compared to the 2013 peak of 1.1774, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 282,492 MKD
2013 Average 274,395 MKD
Yearly Trough Low 246,793 MKD
Transaction Impact: A difference of 35,699.03 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1304
0.9837
JanuMarcMayJulySeptNove

PHP to MKD 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: JanтАУJun) was 1.0107, compared to 1.0797 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0690 points.

H1 Avg (JanтАУJun) 1.0107
H2 Avg (JulтАУDec) 1.0797

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0374 MKD (High: 1.0354 / Low: 0.9980). On the other end, April was the most stable month, with a tight range of 0.0075 MKD (High: 1.0041 / Low: 0.9966).

May Spread (Volatile) ┬▒0.0374
April Spread (Stable) ┬▒0.0075

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0110 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.1182) against the same month in 2013 (average: 1.0176), the exchange rate shifted by +0.1006 (+9.88%).

2014 Avg (December) 1.1182
2013 Avg (December) 1.0176

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1.0147 0.9923 1.0047
February 1.0123 1.0027 1.0069
March 1.0052 0.9872 0.9959
April 1.0041 0.9966 1.0003
May 1.0354 0.9980 1.0214
June 1.0396 1.0306 1.0347
July 1.0515 1.0332 1.0435
August 1.0693 1.0393 1.0532
September 1.0891 1.0700 1.0779
October 1.0915 1.0746 1.0849
November 1.1066 1.0900 1.1004
December 1.1300 1.1020 1.1182