YEARLY HIGH
1.6024 MKD
YEARLY LOW
1.4699 MKD
YEARLY AVERAGE
1.5111 MKD

2014 MUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 1.6024. Conversely, the yearly low was recorded on March 13, dropping to 1.4699.

This high-to-low spread represents a total annual volatility of 0.1325 MKD. From a start-to-finish perspective, comparing the January average rate of 1.4914 to the December average rate of 1.5806, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6024 was up 3.37% compared to the 2013 peak of 1.5502, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,012 MKD
2013 Average 7,555 MKD
Yearly Trough Low 7,349 MKD
Transaction Impact: A difference of 662.58 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5908
1.4689
JanuMarcMayJulySeptNove

MUR 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 1.4871, compared to 1.5350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0478 points.

H1 Avg (Jan–Jun) 1.4871
H2 Avg (Jul–Dec) 1.5350

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0483 MKD (High: 1.5515 / Low: 1.5032). On the other end, June was the most stable month, with a tight range of 0.0102 MKD (High: 1.4990 / Low: 1.4888).

September Spread (Volatile) ±0.0483
June Spread (Stable) ±0.0102

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 February and March, when the average rate fell by 0.0136 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.5806) against the same month in 2013 (average: 1.4855), the exchange rate shifted by +0.0952 (+6.41%).

2014 Avg (December) 1.5806
2013 Avg (December) 1.4855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5033 1.4774 1.4914
February 1.5080 1.4831 1.4938
March 1.4902 1.4699 1.4803
April 1.4922 1.4708 1.4791
May 1.4958 1.4702 1.4840
June 1.4990 1.4888 1.4942
July 1.4981 1.4862 1.4939
August 1.5099 1.4892 1.5018
September 1.5515 1.5032 1.5228
October 1.5593 1.5272 1.5451
November 1.5781 1.5557 1.5656
December 1.6024 1.5604 1.5806