YEARLY HIGH
15.0145 MKD
YEARLY LOW
12.7592 MKD
YEARLY AVERAGE
14.2681 MKD

2015 ILS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ILS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 15.0145. Conversely, the yearly low was recorded on January 7, dropping to 12.7592.

This high-to-low spread represents a total annual volatility of 2.2553 MKD. From a start-to-finish perspective, comparing the January average rate of 13.3309 to the December average rate of 14.5774, the exchange rate registered a net change of 9.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 15.0145 was up 11.88% compared to the 2014 peak of 13.4203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75,072 MKD
2014 Average 64,880 MKD
Yearly Trough Low 63,796 MKD
Transaction Impact: A difference of 11,276.35 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

14.9065
13.1876
JanuMarcMayJulySeptNove

ILS 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 14.0980, compared to 14.4382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3401 points.

H1 Avg (Jan–Jun) 14.0980
H2 Avg (Jul–Dec) 14.4382

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 1.0773 MKD (High: 14.8942 / Low: 13.8169). On the other end, July was the most stable month, with a tight range of 0.2570 MKD (High: 14.9024 / Low: 14.6453).

August Spread (Volatile) ±1.0773
July Spread (Stable) ±0.2570

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4041 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 14.7441) against the same month in 2014 (average: 12.9111), the exchange rate shifted by +1.8330 (+14.20%).

2015 Avg (November) 14.7441
2014 Avg (November) 12.9111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.8159 12.7592 13.3309
February 14.0964 13.7411 13.9170
March 14.5296 13.7597 14.2247
April 14.6132 14.2636 14.4753
May 14.5887 14.1121 14.2786
June 14.6481 14.1717 14.3617
July 14.9024 14.6453 14.7632
August 14.8942 13.8169 14.4080
September 14.1745 13.8166 14.0039
October 14.4709 13.8951 14.1324
November 15.0145 14.4470 14.7441
December 14.9569 14.4129 14.5774