2014 MYR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
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.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |