YEARLY HIGH
1.2550 INR
YEARLY LOW
1.0739 INR
YEARLY AVERAGE
1.1574 INR

2015 MKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.2550. Conversely, the yearly low was recorded on March 15, dropping to 1.0739.

This high-to-low spread represents a total annual volatility of 0.1811 INR. From a start-to-finish perspective, comparing the January average rate of 1.1830 to the December average rate of 1.1784, the exchange rate registered a net change of -0.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.2550 was down 10.28% compared to the 2014 peak of 1.3988, 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 6,275 INR
2014 Average 6,580 INR
Yearly Trough Low 5,370 INR
Transaction Impact: A difference of 905.26 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.2201
1.0874
JanuMarcMayJulySeptNove

MKD to INR 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 1.1407, compared to 1.1742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0336 points.

H1 Avg (Jan–Jun) 1.1407
H2 Avg (Jul–Dec) 1.1742

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1229 INR (High: 1.2550 / Low: 1.1321). On the other end, November was the most stable month, with a tight range of 0.0285 INR (High: 1.1714 / Low: 1.1429).

January Spread (Volatile) ±0.1229
November Spread (Stable) ±0.0285

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0459 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 1.1830) against the same month in 2014 (average: 1.3730), the exchange rate shifted by -0.1900 (-13.84%).

2015 Avg (January) 1.1830
2014 Avg (January) 1.3730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2550 1.1321 1.1830
February 1.1527 1.1238 1.1443
March 1.1251 1.0739 1.0985
April 1.1527 1.0794 1.1005
May 1.1799 1.1318 1.1551
June 1.1774 1.1282 1.1626
July 1.1511 1.1199 1.1368
August 1.2518 1.1298 1.1780
September 1.2218 1.1929 1.2090
October 1.2015 1.1582 1.1901
November 1.1714 1.1429 1.1529
December 1.1981 1.1471 1.1784