YEARLY HIGH
0.9311 MKD
YEARLY LOW
0.7968 MKD
YEARLY AVERAGE
0.8649 MKD

2015 INR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the INR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.9311. Conversely, the yearly low was recorded on January 6, dropping to 0.7968.

This high-to-low spread represents a total annual volatility of 0.1343 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8464 to the December average rate of 0.8487, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.9311 was up 15.07% compared to the 2014 peak of 0.8092, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 232,787 MKD
2014 Average 190,207 MKD
Yearly Trough Low 199,204 MKD
Transaction Impact: A difference of 33,582.95 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.9189
0.8188
JanuMarcMayJulySeptNove

INR 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 0.8776, compared to 0.8522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0255 points.

H1 Avg (Jan–Jun) 0.8776
H2 Avg (Jul–Dec) 0.8522

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0865 MKD (High: 0.8833 / Low: 0.7968). On the other end, September was the most stable month, with a tight range of 0.0198 MKD (High: 0.8383 / Low: 0.8184).

January Spread (Volatile) ±0.0865
September Spread (Stable) ±0.0198

Growth Streaks & Declines

Trends

Between 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 0.0431 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.9106) against the same month in 2014 (average: 0.7312), the exchange rate shifted by +0.1793 (+24.53%).

2015 Avg (March) 0.9106
2014 Avg (March) 0.7312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8833 0.7968 0.8464
February 0.8898 0.8675 0.8739
March 0.9311 0.8888 0.9106
April 0.9264 0.8676 0.9090
May 0.8835 0.8475 0.8659
June 0.8864 0.8493 0.8602
July 0.8929 0.8687 0.8797
August 0.8851 0.7988 0.8497
September 0.8383 0.8184 0.8271
October 0.8634 0.8323 0.8404
November 0.8750 0.8537 0.8674
December 0.8718 0.8347 0.8487