YEARLY HIGH
0.0291 NZD
YEARLY LOW
0.0227 NZD
YEARLY AVERAGE
0.0259 NZD

2015 MKD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 0.0291. Conversely, the yearly low was recorded on April 19, dropping to 0.0227.

This high-to-low spread represents a total annual volatility of 0.0064 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0249 to the December average rate of 0.0262, the exchange rate registered a net change of 5.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0291 was up 6.81% compared to the 2014 peak of 0.0273, 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 146 NZD
2014 Average 130 NZD
Yearly Trough Low 114 NZD
Transaction Impact: A difference of 32.15 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0294
0.0226
JanuMarcMayJulySeptNove

MKD to NZD 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 0.0245, compared to 0.0273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0245
H2 Avg (Jul–Dec) 0.0273

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0022 NZD (High: 0.0291 / Low: 0.0269). On the other end, July was the most stable month, with a tight range of 0.0006 NZD (High: 0.0272 / Low: 0.0266).

August Spread (Volatile) ±0.0022
July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.0288) against the same month in 2014 (average: 0.0258), the exchange rate shifted by +0.0030 (+11.58%).

2015 Avg (September) 0.0288
2014 Avg (September) 0.0258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0257 0.0240 0.0249
February 0.0254 0.0241 0.0248
March 0.0242 0.0231 0.0235
April 0.0239 0.0227 0.0231
May 0.0252 0.0240 0.0246
June 0.0268 0.0249 0.0261
July 0.0272 0.0266 0.0269
August 0.0291 0.0269 0.0276
September 0.0291 0.0284 0.0288
October 0.0284 0.0263 0.0274
November 0.0269 0.0261 0.0266
December 0.0266 0.0258 0.0262