YEARLY HIGH
0.0742 SAR
YEARLY LOW
0.0639 SAR
YEARLY AVERAGE
0.0677 SAR

2015 MKD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0742. Conversely, the yearly low was recorded on March 15, dropping to 0.0639.

This high-to-low spread represents a total annual volatility of 0.0103 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0714 to the December average rate of 0.0665, the exchange rate registered a net change of -6.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0742 was down 12.50% compared to the 2014 peak of 0.0848, 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 371 SAR
2014 Average 405 SAR
Yearly Trough Low 319 SAR
Transaction Impact: A difference of 51.44 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0720
0.0648
JanuMarcMayJulySeptNove

MKD to SAR 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 0.0681, compared to 0.0673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0681
H2 Avg (Jul–Dec) 0.0673

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0050 SAR (High: 0.0742 / Low: 0.0692). On the other end, February was the most stable month, with a tight range of 0.0014 SAR (High: 0.0697 / Low: 0.0683).

January Spread (Volatile) ±0.0050
February Spread (Stable) ±0.0014

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 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0714) against the same month in 2014 (average: 0.0830), the exchange rate shifted by -0.0116 (-13.95%).

2015 Avg (January) 0.0714
2014 Avg (January) 0.0830

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0742 0.0692 0.0714
February 0.0697 0.0683 0.0692
March 0.0683 0.0639 0.0659
April 0.0681 0.0649 0.0659
May 0.0697 0.0664 0.0680
June 0.0692 0.0665 0.0683
July 0.0679 0.0661 0.0670
August 0.0703 0.0664 0.0679
September 0.0691 0.0676 0.0685
October 0.0694 0.0668 0.0686
November 0.0671 0.0645 0.0654
December 0.0670 0.0647 0.0665