YEARLY HIGH
15.0777 MKD
YEARLY LOW
14.0529 MKD
YEARLY AVERAGE
14.7100 MKD

2014 PLN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PLN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 15.0777. Conversely, the yearly low was recorded on December 27, dropping to 14.0529.

This high-to-low spread represents a total annual volatility of 1.0247 MKD. From a start-to-finish perspective, comparing the January average rate of 14.7406 to the December average rate of 14.5314, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 15.0777 was down 2.20% compared to the 2013 peak of 15.4161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 301,553 MKD
2013 Average 294,627 MKD
Yearly Trough Low 281,059 MKD
Transaction Impact: A difference of 20,494.44 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14.9379
14.4945
JanuMarcMayJulySeptNove

PLN 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 14.7609, compared to 14.6591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1018 points.

H1 Avg (Jan–Jun) 14.7609
H2 Avg (Jul–Dec) 14.6591

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.7764 MKD (High: 14.8293 / Low: 14.0529). On the other end, August was the most stable month, with a tight range of 0.1620 MKD (High: 14.7173 / Low: 14.5553).

December Spread (Volatile) ±0.7764
August Spread (Stable) ±0.1620

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1819 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1819

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 14.9009) against the same month in 2013 (average: 14.4137), the exchange rate shifted by +0.4872 (+3.38%).

2014 Avg (June) 14.9009
2013 Avg (June) 14.4137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.8656 14.4852 14.7406
February 14.9203 14.4572 14.7780
March 14.8406 14.4906 14.6854
April 14.8474 14.6289 14.7271
May 14.9009 14.6485 14.7336
June 15.0777 14.7930 14.9009
July 14.9613 14.5905 14.8246
August 14.7173 14.5553 14.6428
September 14.7844 14.5566 14.6557
October 14.8152 14.5318 14.6522
November 14.7888 14.5484 14.6480
December 14.8293 14.0529 14.5314