2014 MKD to PHP Historical Review

YEARLY HIGH

1.0130 PHP

YEARLY LOW

0.8850 PHP

YEARLY AVERAGE

0.9582 PHP

2014 MKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 1.0130. Conversely, the yearly low was recorded on December 31, dropping to 0.8850.

This high-to-low spread represents a total annual volatility of 0.1280 PHP. From a start-to-finish perspective, comparing the January average rate of 0.9954 to the December average rate of 0.8943, the exchange rate registered a net change of -10.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0130 was up 1.82% compared to the 2013 peak of 0.9949, 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 5,065 PHP

2013 Average 4,566 PHP

Yearly Trough Low 4,425 PHP

Transaction Impact: A difference of 640.07 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0151

0.8834

JanuMarcMayJulySeptNove

MKD to PHP 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 0.9897, compared to 0.9267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0629 points.

H1 Avg (Jan–Jun) 0.9897

H2 Avg (Jul–Dec) 0.9267

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0362 PHP (High: 1.0020 / Low: 0.9658). On the other end, April was the most stable month, with a tight range of 0.0075 PHP (High: 1.0034 / Low: 0.9959).

May Spread (Volatile) ±0.0362

April Spread (Stable) ±0.0075

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 0.0218 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.0041) against the same month in 2013 (average: 0.8601), the exchange rate shifted by +0.1440 (+16.74%).

2014 Avg (March) 1.0041

2013 Avg (March) 0.8601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0078	0.9855	0.9954
February	0.9973	0.9879	0.9931
March	1.0130	0.9948	1.0041
April	1.0034	0.9959	0.9997
May	1.0020	0.9658	0.9792
June	0.9703	0.9619	0.9665
July	0.9678	0.9510	0.9583
August	0.9622	0.9352	0.9495
September	0.9345	0.9182	0.9277
October	0.9306	0.9162	0.9217
November	0.9175	0.9037	0.9088
December	0.9075	0.8850	0.8943

2014 MKD నుండి PHP చారిత్రక సమీక్ష