YEARLY HIGH
0.4638 CZK
YEARLY LOW
0.4366 CZK
YEARLY AVERAGE
0.4437 CZK

2015 MKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.4638. Conversely, the yearly low was recorded on September 8, dropping to 0.4366.

This high-to-low spread represents a total annual volatility of 0.0272 CZK. From a start-to-finish perspective, comparing the January average rate of 0.4557 to the December average rate of 0.4392, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.4638 was up 1.76% compared to the 2014 peak of 0.4558, 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 2,319 CZK
2014 Average 2,236 CZK
Yearly Trough Low 2,183 CZK
Transaction Impact: A difference of 135.82 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4574
0.4376
JanuMarcMayJulySeptNove

MKD to CZK 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 0.4473, compared to 0.4401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.4473
H2 Avg (Jul–Dec) 0.4401

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0162 CZK (High: 0.4544 / Low: 0.4382). On the other end, May was the most stable month, with a tight range of 0.0022 CZK (High: 0.4462 / Low: 0.4439).

October Spread (Volatile) ±0.0162
May Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.0071 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.4557) against the same month in 2014 (average: 0.4465), the exchange rate shifted by +0.0093 (+2.07%).

2015 Avg (January) 0.4557
2014 Avg (January) 0.4465

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4638 0.4503 0.4557
February 0.4534 0.4440 0.4486
March 0.4474 0.4420 0.4447
April 0.4491 0.4433 0.4458
May 0.4462 0.4439 0.4452
June 0.4467 0.4415 0.4435
July 0.4429 0.4381 0.4401
August 0.4413 0.4373 0.4394
September 0.4471 0.4366 0.4404
October 0.4544 0.4382 0.4422
November 0.4410 0.4386 0.4394
December 0.4411 0.4375 0.4392