2015 MKD to KES Historical Review

YEARLY HIGH

1.9447 KES

YEARLY LOW

1.5630 KES

YEARLY AVERAGE

1.7723 KES

2015 MKD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 1.9447. Conversely, the yearly low was recorded on March 15, dropping to 1.5630.

This high-to-low spread represents a total annual volatility of 0.3817 KES. From a start-to-finish perspective, comparing the January average rate of 1.7376 to the December average rate of 1.8105, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.9447 was down 1.22% compared to the 2014 peak of 1.9687, 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 9,723 KES

2014 Average 9,484 KES

Yearly Trough Low 7,815 KES

Transaction Impact: A difference of 1,908.54 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.9547

1.5817

JanuMarcMayJulySeptNove

MKD to KES 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 1.7009, compared to 1.8438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1429 points.

H1 Avg (Jan–Jun) 1.7009

H2 Avg (Jul–Dec) 1.8438

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.1536 KES (High: 1.9447 / Low: 1.7910). On the other end, February was the most stable month, with a tight range of 0.0341 KES (High: 1.6987 / Low: 1.6645).

August Spread (Volatile) ±0.1536

February Spread (Stable) ±0.0341

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0989 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0989

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 1.8552) against the same month in 2014 (average: 1.9113), the exchange rate shifted by -0.0561 (-2.94%).

2015 Avg (August) 1.8552

2014 Avg (August) 1.9113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8000	1.6871	1.7376
February	1.6987	1.6645	1.6875
March	1.6630	1.5630	1.6128
April	1.7180	1.6119	1.6390
May	1.7834	1.7191	1.7465
June	1.8161	1.7314	1.7818
July	1.8467	1.7857	1.8108
August	1.9447	1.7910	1.8552
September	1.9424	1.8986	1.9237
October	1.9102	1.8072	1.8807
November	1.8243	1.7553	1.7819
December	1.8270	1.7606	1.8105