2015 KWD to MKD Historical Review

YEARLY HIGH

195.5398 MKD

YEARLY LOW

172.1069 MKD

YEARLY AVERAGE

184.1615 MKD

2015 KWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the KWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 195.5398. Conversely, the yearly low was recorded on January 7, dropping to 172.1069.

This high-to-low spread represents a total annual volatility of 23.4330 MKD. From a start-to-finish perspective, comparing the January average rate of 178.7331 to the December average rate of 185.9325, the exchange rate registered a net change of 4.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 195.5398 was up 13.21% compared to the 2014 peak of 172.7268, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 977,699 MKD

2014 Average 814,681 MKD

Yearly Trough Low 860,534 MKD

Transaction Impact: A difference of 117,164.76 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

191.4253

177.5793

JanuMarcMayJulySeptNove

KWD 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 184.2705, compared to 184.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2180 points.

H1 Avg (Jan–Jun) 184.2705

H2 Avg (Jul–Dec) 184.0525

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 12.0240 MKD (High: 184.1309 / Low: 172.1069). On the other end, February was the most stable month, with a tight range of 2.9924 MKD (High: 185.3959 / Low: 182.4036).

January Spread (Volatile) ±12.0240

February Spread (Stable) ±2.9924

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 6.2081 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.2081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 190.2715) against the same month in 2014 (average: 158.3639), the exchange rate shifted by +31.9076 (+20.15%).

2015 Avg (March) 190.2715

2014 Avg (March) 158.3639

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	184.1309	172.1069	178.7331
February	185.3959	182.4036	183.4481
March	195.5398	185.2833	190.2715
April	191.2475	182.5148	188.8663
May	186.3570	178.6317	182.6582
June	186.1474	179.7027	181.6459
July	187.0160	182.6958	184.7724
August	186.2850	177.0960	182.7382
September	183.4631	179.7013	181.3215
October	185.4579	178.9162	180.8032
November	191.0281	184.4943	188.7472
December	190.5681	184.4054	185.9325