YEARLY HIGH
6.0641 KZT
YEARLY LOW
3.1638 KZT
YEARLY AVERAGE
4.0019 KZT

2015 MKD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 6.0641. Conversely, the yearly low was recorded on March 15, dropping to 3.1638.

This high-to-low spread represents a total annual volatility of 2.9003 KZT. From a start-to-finish perspective, comparing the January average rate of 3.4966 to the December average rate of 5.7282, the exchange rate registered a net change of 63.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 6.0641 was up 47.02% compared to the 2014 peak of 4.1246, 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 30,320 KZT
2014 Average 19,287 KZT
Yearly Trough Low 15,819 KZT
Transaction Impact: A difference of 14,501.50 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

5.9749
3.0146
JanuMarcMayJulySeptNove

MKD to KZT 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 3.3663, compared to 4.6375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2712 points.

H1 Avg (Jan–Jun) 3.3663
H2 Avg (Jul–Dec) 4.6375

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 1.1382 KZT (High: 4.4618 / Low: 3.3236). On the other end, February was the most stable month, with a tight range of 0.0625 KZT (High: 3.4404 / Low: 3.3779).

August Spread (Volatile) ±1.1382
February Spread (Stable) ±0.0625

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1534 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1534

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 5.7282) against the same month in 2014 (average: 3.6497), the exchange rate shifted by +2.0785 (+56.95%).

2015 Avg (December) 5.7282
2014 Avg (December) 3.6497

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6255 3.3941 3.4966
February 3.4404 3.3779 3.4160
March 3.3712 3.1638 3.2626
April 3.3795 3.2161 3.2613
May 3.4587 3.2913 3.3717
June 3.4312 3.2952 3.3897
July 3.3789 3.2965 3.3399
August 4.4618 3.3236 3.6436
September 5.2178 4.3335 4.7747
October 5.1504 4.9224 5.0502
November 5.3798 5.0037 5.2883
December 6.0641 5.3013 5.7282