YEARLY HIGH
49.1217 COP
YEARLY LOW
40.6184 COP
YEARLY AVERAGE
43.1016 COP

2014 MKD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 49.1217. Conversely, the yearly low was recorded on July 24, dropping to 40.6184.

This high-to-low spread represents a total annual volatility of 8.5033 COP. From a start-to-finish perspective, comparing the January average rate of 43.4074 to the December average rate of 46.9370, the exchange rate registered a net change of 8.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 49.1217 was up 13.50% compared to the 2013 peak of 43.2795, 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 245,608 COP
2013 Average 201,039 COP
Yearly Trough Low 203,092 COP
Transaction Impact: A difference of 42,516.35 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

47.5357
40.3520
JanuMarcMayJulySeptNove

MKD to COP 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 43.5986, compared to 42.6045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9941 points.

H1 Avg (Jan–Jun) 43.5986
H2 Avg (Jul–Dec) 42.6045

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 3.9392 COP (High: 49.1217 / Low: 45.1825). On the other end, June was the most stable month, with a tight range of 0.5282 COP (High: 41.9596 / Low: 41.4314).

December Spread (Volatile) ±3.9392
June Spread (Stable) ±0.5282

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.8180 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.8180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 46.9370) against the same month in 2013 (average: 42.9885), the exchange rate shifted by +3.9485 (+9.18%).

2014 Avg (December) 46.9370
2013 Avg (December) 42.9885

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 44.5136 42.6237 43.4074
February 45.7744 44.2420 45.1339
March 46.2610 43.8442 45.2498
April 43.9401 43.1481 43.4318
May 43.5127 41.9085 42.7287
June 41.9596 41.4314 41.6402
July 41.5252 40.6184 40.9506
August 41.6009 40.8024 41.1229
September 41.9866 40.7711 41.4565
October 42.8262 41.3542 42.1348
November 44.4581 41.7892 43.0254
December 49.1217 45.1825 46.9370