YEARLY HIGH
103.7932 ZMK
YEARLY LOW
89.4558 ZMK
YEARLY AVERAGE
94.8252 ZMK

2015 MKD to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 103.7932. Conversely, the yearly low was recorded on March 15, dropping to 89.4558.

This high-to-low spread represents a total annual volatility of 14.3374 ZMK. From a start-to-finish perspective, comparing the January average rate of 99.9064 to the December average rate of 93.0638, the exchange rate registered a net change of -6.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 103.7932 was down 12.60% compared to the 2014 peak of 118.7528, 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 518,966 ZMK
2014 Average 566,660 ZMK
Yearly Trough Low 447,279 ZMK
Transaction Impact: A difference of 71,686.93 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

100.7395
90.7426
JanuMarcMayJulySeptNove

MKD to ZMK 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 95.3849, compared to 94.2655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1194 points.

H1 Avg (Jan–Jun) 95.3849
H2 Avg (Jul–Dec) 94.2655

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 7.1508 ZMK (High: 103.7932 / Low: 96.6424). On the other end, February was the most stable month, with a tight range of 1.8517 ZMK (High: 97.5225 / Low: 95.6709).

January Spread (Volatile) ±7.1508
February Spread (Stable) ±1.8517

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 4.5708 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.5708

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 99.9064) against the same month in 2014 (average: 116.2235), the exchange rate shifted by -16.3172 (-14.04%).

2015 Avg (January) 99.9064
2014 Avg (January) 116.2235

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 103.7932 96.6424 99.9064
February 97.5225 95.6709 96.8937
March 95.5756 89.4558 92.3230
April 95.3875 90.9261 92.2433
May 97.6467 92.9969 95.2351
June 96.8389 93.0885 95.7075
July 95.1329 92.5357 93.8861
August 98.5274 93.0379 95.0501
September 96.8110 94.6879 95.8851
October 97.2967 93.4915 96.1320
November 93.9338 90.2396 91.5757
December 93.8651 90.5224 93.0638