2015 MKD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 MKD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the MKD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 68.0653. Conversely, the yearly low was recorded on March 15, dropping to 49.6501.
This high-to-low spread represents a total annual volatility of 18.4152 UGX. From a start-to-finish perspective, comparing the January average rate of 54.2267 to the December average rate of 59.5425, the exchange rate registered a net change of 9.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 68.0653 was up 15.63% compared to the 2014 peak of 58.8632, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
MKD to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 54.0155, compared to 62.7974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.7819 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was August, with a trading range of 6.9544 UGX (High: 68.0653 / Low: 61.1109). On the other end, February was the most stable month, with a tight range of 0.6119 UGX (High: 53.2846 / Low: 52.6727).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 6.9449 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2015: 64.1315) against the same month in 2014 (average: 56.5956), the exchange rate shifted by +7.5359 (+13.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 55.8089 | 52.5380 | 54.2267 |
| February | 53.2846 | 52.6727 | 52.9615 |
| March | 52.9026 | 49.6501 | 51.7726 |
| April | 54.4580 | 51.6312 | 52.5649 |
| May | 55.6416 | 53.5766 | 54.5111 |
| June | 60.6521 | 54.2846 | 58.0564 |
| July | 63.4123 | 58.4062 | 59.8678 |
| August | 68.0653 | 61.1109 | 64.1315 |
| September | 67.4758 | 66.1709 | 66.8864 |
| October | 68.0400 | 62.9305 | 66.6505 |
| November | 63.5455 | 57.6050 | 59.7056 |
| December | 61.5680 | 57.4701 | 59.5425 |