YEARLY HIGH
0.0810 GHS
YEARLY LOW
0.0576 GHS
YEARLY AVERAGE
0.0682 GHS

2015 MKD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 0.0810. Conversely, the yearly low was recorded on July 20, dropping to 0.0576.

This high-to-low spread represents a total annual volatility of 0.0234 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0620 to the December average rate of 0.0674, the exchange rate registered a net change of 8.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0810 was down 3.73% compared to the 2014 peak of 0.0842, 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 405 GHS
2014 Average 328 GHS
Yearly Trough Low 288 GHS
Transaction Impact: A difference of 117.16 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0798
0.0604
JanuMarcMayJulySeptNove

MKD to GHS 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 0.0677, compared to 0.0687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0677
H2 Avg (Jul–Dec) 0.0687

Volatility Range Comparison

Volatility

The most volatile month in 2015 was July, with a trading range of 0.0209 GHS (High: 0.0785 / Low: 0.0576). On the other end, February was the most stable month, with a tight range of 0.0030 GHS (High: 0.0642 / Low: 0.0612).

July Spread (Volatile) ±0.0209
February Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.0134 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2015: 0.0782) against the same month in 2014 (average: 0.0687), the exchange rate shifted by +0.0095 (+13.82%).

2015 Avg (June) 0.0782
2014 Avg (June) 0.0687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0636 0.0605 0.0620
February 0.0642 0.0612 0.0632
March 0.0673 0.0611 0.0640
April 0.0699 0.0662 0.0673
May 0.0735 0.0699 0.0716
June 0.0810 0.0723 0.0782
July 0.0785 0.0576 0.0648
August 0.0804 0.0674 0.0729
September 0.0742 0.0682 0.0708
October 0.0719 0.0674 0.0695
November 0.0691 0.0652 0.0665
December 0.0685 0.0653 0.0674