YEARLY HIGH
2.2689 JMD
YEARLY LOW
1.9664 JMD
YEARLY AVERAGE
2.1081 JMD

2015 MKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.2689. Conversely, the yearly low was recorded on March 15, dropping to 1.9664.

This high-to-low spread represents a total annual volatility of 0.3025 JMD. From a start-to-finish perspective, comparing the January average rate of 2.1865 to the December average rate of 2.1214, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.2689 was down 8.86% compared to the 2014 peak of 2.4896, 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 11,344 JMD
2014 Average 11,960 JMD
Yearly Trough Low 9,832 JMD
Transaction Impact: A difference of 1,512.37 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.2037
1.9975
JanuMarcMayJulySeptNove

MKD to JMD 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 2.0934, compared to 2.1228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0294 points.

H1 Avg (Jan–Jun) 2.0934
H2 Avg (Jul–Dec) 2.1228

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1450 JMD (High: 2.2689 / Low: 2.1239). On the other end, February was the most stable month, with a tight range of 0.0448 JMD (High: 2.1494 / Low: 2.1046).

January Spread (Volatile) ±0.1450
February Spread (Stable) ±0.0448

Growth Streaks & Declines

Trends

Between July and October, 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 0.1072 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 2.1865) against the same month in 2014 (average: 2.3552), the exchange rate shifted by -0.1687 (-7.16%).

2015 Avg (January) 2.1865
2014 Avg (January) 2.3552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2689 2.1239 2.1865
February 2.1494 2.1046 2.1311
March 2.1005 1.9664 2.0239
April 2.0913 1.9839 2.0147
May 2.1518 2.0505 2.0947
June 2.1385 2.0506 2.1095
July 2.1016 2.0462 2.0756
August 2.1998 2.0592 2.1183
September 2.1834 2.1247 2.1587
October 2.2216 2.1269 2.1815
November 2.1372 2.0444 2.0813
December 2.1446 2.0549 2.1214