2015 CZK to MKD Historical Review

YEARLY HIGH

2.2903 MKD

YEARLY LOW

2.1561 MKD

YEARLY AVERAGE

2.2542 MKD

2015 CZK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CZK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 2.2903. Conversely, the yearly low was recorded on January 7, dropping to 2.1561.

This high-to-low spread represents a total annual volatility of 0.1341 MKD. From a start-to-finish perspective, comparing the January average rate of 2.1944 to the December average rate of 2.2767, the exchange rate registered a net change of 3.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.2903 was up 0.98% compared to the 2014 peak of 2.2680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,451 MKD

2014 Average 11,180 MKD

Yearly Trough Low 10,781 MKD

Transaction Impact: A difference of 670.67 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.2850

2.1862

JanuMarcMayJulySeptNove

CZK 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 2.2361, compared to 2.2723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0362 points.

H1 Avg (Jan–Jun) 2.2361

H2 Avg (Jul–Dec) 2.2723

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0813 MKD (High: 2.2820 / Low: 2.2007). On the other end, May was the most stable month, with a tight range of 0.0113 MKD (High: 2.2525 / Low: 2.2412).

October Spread (Volatile) ±0.0813

May Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0093 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 2.2710) against the same month in 2014 (average: 2.2261), the exchange rate shifted by +0.0449 (+2.02%).

2015 Avg (September) 2.2710

2014 Avg (September) 2.2261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2209	2.1561	2.1944
February	2.2521	2.2056	2.2292
March	2.2624	2.2349	2.2485
April	2.2559	2.2264	2.2432
May	2.2525	2.2412	2.2461
June	2.2649	2.2387	2.2550
July	2.2825	2.2581	2.2724
August	2.2868	2.2660	2.2760
September	2.2903	2.2365	2.2710
October	2.2820	2.2007	2.2616
November	2.2799	2.2677	2.2760
December	2.2856	2.2669	2.2767