YEARLY HIGH
17.7847 KPW
YEARLY LOW
15.3294 KPW
YEARLY AVERAGE
16.2476 KPW

2015 MKD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 17.7847. Conversely, the yearly low was recorded on March 15, dropping to 15.3294.

This high-to-low spread represents a total annual volatility of 2.4553 KPW. From a start-to-finish perspective, comparing the January average rate of 17.1187 to the December average rate of 15.9455, the exchange rate registered a net change of -6.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 17.7847 was down 12.59% compared to the 2014 peak of 20.3457, 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 88,924 KPW
2014 Average 97,111 KPW
Yearly Trough Low 76,647 KPW
Transaction Impact: A difference of 12,276.70 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

17.2614
15.5480
JanuMarcMayJulySeptNove

MKD to KPW 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 16.3438, compared to 16.1515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1923 points.

H1 Avg (Jan–Jun) 16.3438
H2 Avg (Jul–Dec) 16.1515

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 1.2238 KPW (High: 17.7847 / Low: 16.5609). On the other end, February was the most stable month, with a tight range of 0.3172 KPW (High: 16.7084 / Low: 16.3911).

January Spread (Volatile) ±1.2238
February Spread (Stable) ±0.3172

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 0.7823 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7823

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 17.1187) against the same month in 2014 (average: 19.9227), the exchange rate shifted by -2.8040 (-14.07%).

2015 Avg (January) 17.1187
2014 Avg (January) 19.9227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.7847 16.5609 17.1187
February 16.7084 16.3911 16.6024
March 16.3781 15.3294 15.8201
April 16.3409 15.5798 15.8046
May 16.7313 15.9346 16.3180
June 16.5962 15.9503 16.3990
July 16.2989 15.8587 16.0863
August 16.8822 15.9384 16.2860
September 16.5848 16.2211 16.4290
October 16.6680 16.0225 16.4714
November 16.0919 15.4590 15.6908
December 16.0833 15.5106 15.9455