YEARLY HIGH
0.0075 BHD
YEARLY LOW
0.0064 BHD
YEARLY AVERAGE
0.0068 BHD

2015 MKD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0075. Conversely, the yearly low was recorded on March 15, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0010 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0072 to the December average rate of 0.0067, the exchange rate registered a net change of -6.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0075 was down 12.54% compared to the 2014 peak of 0.0085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 BHD
2014 Average 41 BHD
Yearly Trough Low 32 BHD
Transaction Impact: A difference of 5.18 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0072
0.0065
JanuMarcMayJulySeptNove

MKD to BHD 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 0.0068, compared to 0.0068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0068
H2 Avg (Jul–Dec) 0.0068

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0005 BHD (High: 0.0075 / Low: 0.0069). On the other end, February was the most stable month, with a tight range of 0.0001 BHD (High: 0.0070 / Low: 0.0069).

January Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0072) against the same month in 2014 (average: 0.0083), the exchange rate shifted by -0.0012 (-14.05%).

2015 Avg (January) 0.0072
2014 Avg (January) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0075 0.0069 0.0072
February 0.0070 0.0069 0.0070
March 0.0069 0.0064 0.0066
April 0.0068 0.0065 0.0066
May 0.0070 0.0067 0.0068
June 0.0070 0.0067 0.0069
July 0.0068 0.0066 0.0067
August 0.0071 0.0067 0.0068
September 0.0070 0.0068 0.0069
October 0.0070 0.0067 0.0069
November 0.0067 0.0065 0.0066
December 0.0067 0.0065 0.0067