2015 MKD to JPY Historical Review

YEARLY HIGH

2.3799 JPY

YEARLY LOW

2.0674 JPY

YEARLY AVERAGE

2.1847 JPY

2015 MKD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.3799. Conversely, the yearly low was recorded on April 15, dropping to 2.0674.

This high-to-low spread represents a total annual volatility of 0.3125 JPY. From a start-to-finish perspective, comparing the January average rate of 2.2523 to the December average rate of 2.1537, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.3799 was down 2.12% compared to the 2014 peak of 2.4314, 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 11,900 JPY

2014 Average 11,404 JPY

Yearly Trough Low 10,337 JPY

Transaction Impact: A difference of 1,562.57 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.2700

2.0826

JanuMarcMayJulySeptNove

MKD to JPY 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 2.1836, compared to 2.1858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 2.1836

H2 Avg (Jul–Dec) 2.1858

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.2154 JPY (High: 2.3799 / Low: 2.1645). On the other end, November was the most stable month, with a tight range of 0.0453 JPY (High: 2.1580 / Low: 2.1127).

January Spread (Volatile) ±0.2154

November Spread (Stable) ±0.0453

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 February and March, when the average rate fell by 0.0755 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 2.2523) against the same month in 2014 (average: 2.3005), the exchange rate shifted by -0.0481 (-2.09%).

2015 Avg (January) 2.2523

2014 Avg (January) 2.3005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3799	2.1645	2.2523
February	2.2108	2.1597	2.1907
March	2.1826	2.0675	2.1152
April	2.1674	2.0674	2.0982
May	2.2198	2.1694	2.1908
June	2.2795	2.2092	2.2544
July	2.2211	2.1728	2.2041
August	2.2594	2.2014	2.2279
September	2.2204	2.1472	2.1926
October	2.2436	2.1542	2.1993
November	2.1580	2.1127	2.1372
December	2.1838	2.1229	2.1537