2015 KES to MKD Historical Review

YEARLY HIGH

0.6398 MKD

YEARLY LOW

0.5142 MKD

YEARLY AVERAGE

0.5658 MKD

2015 KES to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the KES to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.6398. Conversely, the yearly low was recorded on August 24, dropping to 0.5142.

This high-to-low spread represents a total annual volatility of 0.1256 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5758 to the December average rate of 0.5524, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6398 was up 14.56% compared to the 2014 peak of 0.5585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,199 MKD

2014 Average 2,638 MKD

Yearly Trough Low 2,571 MKD

Transaction Impact: A difference of 627.93 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.6302

0.5098

JanuMarcMayJulySeptNove

KES 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 0.5888, compared to 0.5428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0460 points.

H1 Avg (Jan–Jun) 0.5888

H2 Avg (Jul–Dec) 0.5428

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0441 MKD (High: 0.5583 / Low: 0.5142). On the other end, September was the most stable month, with a tight range of 0.0119 MKD (High: 0.5267 / Low: 0.5148).

August Spread (Volatile) ±0.0441

September Spread (Stable) ±0.0119

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 0.0376 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.6202) against the same month in 2014 (average: 0.5154), the exchange rate shifted by +0.1048 (+20.33%).

2015 Avg (March) 0.6202

2014 Avg (March) 0.5154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5927	0.5555	0.5758
February	0.6008	0.5887	0.5926
March	0.6398	0.6013	0.6202
April	0.6204	0.5821	0.6103
May	0.5817	0.5607	0.5726
June	0.5776	0.5506	0.5613
July	0.5600	0.5415	0.5523
August	0.5583	0.5142	0.5393
September	0.5267	0.5148	0.5199
October	0.5533	0.5235	0.5318
November	0.5697	0.5482	0.5613
December	0.5680	0.5473	0.5524