YEARLY HIGH
269.2291 IDR
YEARLY LOW
224.2298 IDR
YEARLY AVERAGE
241.6473 IDR

2015 MKD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 269.2291. Conversely, the yearly low was recorded on April 17, dropping to 224.2298.

This high-to-low spread represents a total annual volatility of 44.9993 IDR. From a start-to-finish perspective, comparing the January average rate of 239.1118 to the December average rate of 245.1054, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 269.2291 was down 1.19% compared to the 2014 peak of 272.4608, 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 1,346,145 IDR
2014 Average 1,279,158 IDR
Yearly Trough Low 1,121,149 IDR
Transaction Impact: A difference of 224,996.31 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

266.2956
223.7512
JanuMarcMayJulySeptNove

MKD to IDR 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 235.3603, compared to 247.9343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.5740 points.

H1 Avg (Jan–Jun) 235.3603
H2 Avg (Jul–Dec) 247.9343

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 27.0156 IDR (High: 269.2291 / Low: 242.2134). On the other end, February was the most stable month, with a tight range of 4.3942 IDR (High: 237.6639 / Low: 233.2697).

October Spread (Volatile) ±27.0156
February Spread (Stable) ±4.3942

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 14.1527 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -14.1527

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 252.7269) against the same month in 2014 (average: 249.9069), the exchange rate shifted by +2.8200 (+1.13%).

2015 Avg (October) 252.7269
2014 Avg (October) 249.9069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 250.6626 230.6322 239.1118
February 237.6639 233.2697 235.5769
March 236.1406 225.3852 229.8223
April 235.2672 224.2298 227.2966
May 243.0276 233.5815 237.7921
June 245.7267 234.2361 242.5621
July 241.6957 235.9458 239.0779
August 262.0998 239.0377 249.3708
September 269.1419 255.2145 262.7502
October 269.2291 242.2134 252.7269
November 245.6915 235.8461 238.5742
December 251.0538 237.5952 245.1054