YEARLY HIGH
61.7282 MGA
YEARLY LOW
48.2499 MGA
YEARLY AVERAGE
55.9215 MGA

2015 MKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 61.7282. Conversely, the yearly low was recorded on January 25, dropping to 48.2499.

This high-to-low spread represents a total annual volatility of 13.4782 MGA. From a start-to-finish perspective, comparing the January average rate of 50.6510 to the December average rate of 56.8304, the exchange rate registered a net change of 12.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 61.7282 was up 9.74% compared to the 2014 peak of 56.2474, 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 308,641 MGA
2014 Average 266,256 MGA
Yearly Trough Low 241,250 MGA
Transaction Impact: A difference of 67,391.20 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

60.8758
49.7215
JanuMarcMayJulySeptNove

MKD to MGA 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 53.8644, compared to 57.9786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1142 points.

H1 Avg (Jan–Jun) 53.8644
H2 Avg (Jul–Dec) 57.9786

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 4.5002 MGA (High: 59.1896 / Low: 54.6894). On the other end, February was the most stable month, with a tight range of 1.4126 MGA (High: 52.7034 / Low: 51.2908).

October Spread (Volatile) ±4.5002
February Spread (Stable) ±1.4126

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.0403 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -2.0403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 59.9463) against the same month in 2014 (average: 54.6839), the exchange rate shifted by +5.2624 (+9.62%).

2015 Avg (August) 59.9463
2014 Avg (August) 54.6839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.8783 48.2499 50.6510
February 52.7034 51.2908 52.0970
March 53.9404 50.8495 52.1921
April 55.9030 52.7110 53.9582
May 57.6614 54.4167 56.3407
June 58.8638 54.5429 57.9474
July 60.3466 57.5552 58.6964
August 61.7282 58.6041 59.9463
September 60.2732 56.5442 57.9059
October 59.1896 54.6894 57.3844
November 58.2008 56.0970 57.1083
December 57.4215 55.8704 56.8304