YEARLY HIGH
15.0226 MKD
YEARLY LOW
13.4703 MKD
YEARLY AVERAGE
14.1800 MKD

2014 MYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 15.0226. Conversely, the yearly low was recorded on January 27, dropping to 13.4703.

This high-to-low spread represents a total annual volatility of 1.5523 MKD. From a start-to-finish perspective, comparing the January average rate of 13.6796 to the December average rate of 14.3520, the exchange rate registered a net change of 4.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 15.0226 was down 5.49% compared to the 2013 peak of 15.8958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 300,452 MKD
2013 Average 295,771 MKD
Yearly Trough Low 269,406 MKD
Transaction Impact: A difference of 31,046.31 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14.9985
13.4664
JanuMarcMayJulySeptNove

MYR 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: Jan–Jun) was 13.7637, compared to 14.5962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8324 points.

H1 Avg (Jan–Jun) 13.7637
H2 Avg (Jul–Dec) 14.5962

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.6511 MKD (High: 14.8133 / Low: 14.1622). On the other end, June was the most stable month, with a tight range of 0.1744 MKD (High: 14.1503 / Low: 13.9759).

August Spread (Volatile) ±0.6511
June Spread (Stable) ±0.1744

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4318 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.4318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 14.8708) against the same month in 2013 (average: 14.2111), the exchange rate shifted by +0.6597 (+4.64%).

2014 Avg (October) 14.8708
2013 Avg (October) 14.2111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.8345 13.4703 13.6796
February 13.7689 13.5649 13.6436
March 13.7649 13.4888 13.5940
April 13.8367 13.6083 13.7027
May 14.0956 13.6045 13.8792
June 14.1503 13.9759 14.0834
July 14.3490 14.0516 14.2502
August 14.8133 14.1622 14.5134
September 14.9240 14.7014 14.8068
October 15.0226 14.7059 14.8708
November 14.9208 14.5956 14.7839
December 14.4659 14.1000 14.3520