2015 HRK to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 HRK to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the HRK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 8.1952. Conversely, the yearly low was recorded on January 25, dropping to 7.7977.
This high-to-low spread represents a total annual volatility of 0.3975 MKD. From a start-to-finish perspective, comparing the January average rate of 7.9554 to the December average rate of 8.0545, the exchange rate registered a net change of 1.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 8.1952 was up 0.40% compared to the 2014 peak of 8.1627, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
HRK 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: Jan–Jun) was 8.0655, compared to 8.0952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0297 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was October, with a trading range of 0.2885 MKD (High: 8.1139 / Low: 7.8254). On the other end, December was the most stable month, with a tight range of 0.0425 MKD (High: 8.0729 / Low: 8.0304).
Growth Streaks & Declines
TrendsBetween January and May, 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 0.0677 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2015: 8.1125) against the same month in 2014 (average: 8.0535), the exchange rate shifted by +0.0590 (+0.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.0619 | 7.7977 | 7.9554 |
| February | 8.0298 | 7.9384 | 7.9855 |
| March | 8.1256 | 8.0152 | 8.0639 |
| April | 8.1680 | 8.0476 | 8.1022 |
| May | 8.1810 | 8.1145 | 8.1471 |
| June | 8.1642 | 8.1170 | 8.1387 |
| July | 8.1440 | 8.0782 | 8.1185 |
| August | 8.1892 | 8.1113 | 8.1418 |
| September | 8.1952 | 7.9815 | 8.1125 |
| October | 8.1139 | 7.8254 | 8.0448 |
| November | 8.1929 | 8.0558 | 8.0988 |
| December | 8.0729 | 8.0304 | 8.0545 |