YEARLY HIGH
0.0401 FJD
YEARLY LOW
0.0353 FJD
YEARLY AVERAGE
0.0377 FJD

2015 MKD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0401. Conversely, the yearly low was recorded on March 19, dropping to 0.0353.

This high-to-low spread represents a total annual volatility of 0.0048 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0381 to the December average rate of 0.0377, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0401 was down 5.11% compared to the 2014 peak of 0.0423, 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 200 FJD
2014 Average 203 FJD
Yearly Trough Low 177 FJD
Transaction Impact: A difference of 23.87 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0399
0.0355
JanuMarcMayJulySeptNove

MKD to FJD 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 0.0371, compared to 0.0384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0371
H2 Avg (Jul–Dec) 0.0384

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0025 FJD (High: 0.0401 / Low: 0.0376). On the other end, September was the most stable month, with a tight range of 0.0007 FJD (High: 0.0398 / Low: 0.0392).

August Spread (Volatile) ±0.0025
September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0016 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 0.0386) against the same month in 2014 (average: 0.0402), the exchange rate shifted by -0.0016 (-4.05%).

2015 Avg (August) 0.0386
2014 Avg (August) 0.0402

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0395 0.0371 0.0381
February 0.0380 0.0371 0.0376
March 0.0371 0.0353 0.0361
April 0.0369 0.0355 0.0359
May 0.0375 0.0364 0.0369
June 0.0383 0.0369 0.0377
July 0.0382 0.0376 0.0379
August 0.0401 0.0376 0.0386
September 0.0398 0.0392 0.0395
October 0.0395 0.0378 0.0389
November 0.0382 0.0368 0.0375
December 0.0382 0.0368 0.0377