YEARLY HIGH
0.9155 MZN
YEARLY LOW
0.5768 MZN
YEARLY AVERAGE
0.7003 MZN

2015 MKD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.9155. Conversely, the yearly low was recorded on March 15, dropping to 0.5768.

This high-to-low spread represents a total annual volatility of 0.3388 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6227 to the December average rate of 0.8580, the exchange rate registered a net change of 37.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.9155 was up 26.38% compared to the 2014 peak of 0.7244, 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 4,578 MZN
2014 Average 3,372 MZN
Yearly Trough Low 2,884 MZN
Transaction Impact: A difference of 1,693.84 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.8831
0.5827
JanuMarcMayJulySeptNove

MKD to MZN 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 0.6369, compared to 0.7637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1268 points.

H1 Avg (Jan–Jun) 0.6369
H2 Avg (Jul–Dec) 0.7637

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.1609 MZN (High: 0.9155 / Low: 0.7547). On the other end, February was the most stable month, with a tight range of 0.0191 MZN (High: 0.6310 / Low: 0.6119).

December Spread (Volatile) ±0.1609
February Spread (Stable) ±0.0191

Growth Streaks & Declines

Trends

Between March and June, 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 0.0152 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.8580) against the same month in 2014 (average: 0.6626), the exchange rate shifted by +0.1954 (+29.49%).

2015 Avg (December) 0.8580
2014 Avg (December) 0.6626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6662 0.5996 0.6227
February 0.6310 0.6119 0.6229
March 0.6439 0.5768 0.6077
April 0.6497 0.6135 0.6275
May 0.6669 0.6359 0.6521
June 0.7074 0.6601 0.6881
July 0.7027 0.6763 0.6870
August 0.7523 0.6790 0.7097
September 0.7954 0.7493 0.7763
October 0.7986 0.7565 0.7785
November 0.7968 0.7525 0.7727
December 0.9155 0.7547 0.8580