YEARLY HIGH
0.1371 BOB
YEARLY LOW
0.1177 BOB
YEARLY AVERAGE
0.1247 BOB

2015 MKD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1371. Conversely, the yearly low was recorded on March 15, dropping to 0.1177.

This high-to-low spread represents a total annual volatility of 0.0194 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1315 to the December average rate of 0.1223, the exchange rate registered a net change of -6.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1371 was down 12.32% compared to the 2014 peak of 0.1563, 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 685 BOB
2014 Average 746 BOB
Yearly Trough Low 588 BOB
Transaction Impact: A difference of 96.93 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1326
0.1193
JanuMarcMayJulySeptNove

MKD to BOB 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 0.1254, compared to 0.1239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1254
H2 Avg (Jul–Dec) 0.1239

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0100 BOB (High: 0.1371 / Low: 0.1271). On the other end, February was the most stable month, with a tight range of 0.0022 BOB (High: 0.1282 / Low: 0.1260).

January Spread (Volatile) ±0.0100
February Spread (Stable) ±0.0022

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 October and November, when the average rate fell by 0.0061 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.1315) against the same month in 2014 (average: 0.1530), the exchange rate shifted by -0.0215 (-14.07%).

2015 Avg (January) 0.1315
2014 Avg (January) 0.1530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1371 0.1271 0.1315
February 0.1282 0.1260 0.1275
March 0.1258 0.1177 0.1214
April 0.1254 0.1196 0.1212
May 0.1284 0.1223 0.1252
June 0.1272 0.1225 0.1257
July 0.1248 0.1216 0.1233
August 0.1293 0.1221 0.1248
September 0.1273 0.1245 0.1261
October 0.1281 0.1230 0.1265
November 0.1234 0.1187 0.1204
December 0.1235 0.1190 0.1223