YEARLY HIGH
22.9961 MKD
YEARLY LOW
17.8009 MKD
YEARLY AVERAGE
20.4475 MKD

2015 TRY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TRY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 22.9961. Conversely, the yearly low was recorded on September 14, dropping to 17.8009.

This high-to-low spread represents a total annual volatility of 5.1952 MKD. From a start-to-finish perspective, comparing the January average rate of 22.5045 to the December average rate of 19.3251, the exchange rate registered a net change of -14.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 22.9961 was up 2.80% compared to the 2014 peak of 22.3700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,149,807 MKD
2014 Average 1,060,827 MKD
Yearly Trough Low 890,046 MKD
Transaction Impact: A difference of 259,761.56 MKD purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2015 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

22.9405
17.7085
JanuMarcMayJulySeptNove

TRY 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 21.5237, compared to 19.3713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1524 points.

H1 Avg (Jan–Jun) 21.5237
H2 Avg (Jul–Dec) 19.3713

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 2.1841 MKD (High: 20.3102 / Low: 18.1261). On the other end, February was the most stable month, with a tight range of 0.6477 MKD (High: 22.3979 / Low: 21.7502).

August Spread (Volatile) Âą2.1841
February Spread (Stable) Âą0.6477

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 1.3494 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3494

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 22.5045) against the same month in 2014 (average: 20.3663), the exchange rate shifted by +2.1382 (+10.50%).

2015 Avg (January) 22.5045
2014 Avg (January) 20.3663

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 22.9961 21.5889 22.5045
February 22.3979 21.7502 21.9951
March 22.3334 21.4196 21.9452
April 21.9980 20.6120 21.4822
May 21.5515 20.1917 20.8594
June 21.0691 19.8611 20.3559
July 21.3305 20.1614 20.7509
August 20.3102 18.1261 19.4016
September 18.6526 17.8009 18.1445
October 19.2614 18.1999 18.6771
November 20.4335 19.3836 19.9285
December 20.0713 18.7887 19.3251