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2015 PGK to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the PGK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 22.1508. Conversely, the yearly low was recorded on October 24, dropping to 18.5901.
This high-to-low spread represents a total annual volatility of 3.5606 MKD. From a start-to-finish perspective, comparing the January average rate of 20.2299 to the December average rate of 18.9133, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 22.1508 was up 12.19% compared to the 2014 peak of 19.7443, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
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PGK to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 20.6801, compared to 19.4622 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 1.2179 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was August, with a trading range of 1.4613 MKD (High: 20.4269 / Low: 18.9656). On the other end, February was the most stable month, with a tight range of 0.4121 MKD (High: 20.7835 / Low: 20.3714).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8583 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2015: 21.4753) against the same month in 2014 (average: 17.0518), the exchange rate shifted by +4.4235 (+25.94%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 20.8260 | 19.4087 | 20.2299 |
| February | 20.7835 | 20.3714 | 20.5771 |
| March | 22.1508 | 20.7252 | 21.4753 |
| April | 21.6239 | 20.4795 | 21.2706 |
| May | 20.8293 | 19.8703 | 20.4124 |
| June | 20.8092 | 19.8531 | 20.1154 |
| July | 20.5359 | 20.0466 | 20.2804 |
| August | 20.4269 | 18.9656 | 19.9136 |
| September | 19.7685 | 18.9706 | 19.3370 |
| October | 19.3096 | 18.5901 | 18.8743 |
| November | 19.6980 | 19.0410 | 19.4549 |
| December | 19.5787 | 18.6821 | 18.9133 |