YEARLY HIGH
0.1563 BOB
YEARLY LOW
0.1367 BOB
YEARLY AVERAGE
0.1492 BOB

2014 MKD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.1563. Conversely, the yearly low was recorded on December 31, dropping to 0.1367.

This high-to-low spread represents a total annual volatility of 0.0197 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1530 to the December average rate of 0.1383, the exchange rate registered a net change of -9.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1563 was up 0.02% compared to the 2013 peak of 0.1563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 782 BOB
2013 Average 747 BOB
Yearly Trough Low 683 BOB
Transaction Impact: A difference of 98.27 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1567
0.1367
JanuMarcMayJulySeptNove

MKD to BOB 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 0.1538, compared to 0.1446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.1538
H2 Avg (Jul–Dec) 0.1446

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0066 BOB (High: 0.1479 / Low: 0.1412). On the other end, June was the most stable month, with a tight range of 0.0008 BOB (High: 0.1528 / Low: 0.1520).

September Spread (Volatile) ±0.0066
June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0047 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.1550) against the same month in 2013 (average: 0.1476), the exchange rate shifted by +0.0074 (+5.05%).

2014 Avg (March) 0.1550
2013 Avg (March) 0.1476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1547 0.1518 0.1530
February 0.1544 0.1513 0.1529
March 0.1563 0.1539 0.1550
April 0.1557 0.1536 0.1549
May 0.1563 0.1525 0.1541
June 0.1528 0.1520 0.1525
July 0.1533 0.1519 0.1523
August 0.1519 0.1481 0.1499
September 0.1479 0.1412 0.1452
October 0.1435 0.1412 0.1422
November 0.1408 0.1389 0.1397
December 0.1401 0.1367 0.1383