2015 NZD to MKD Historical Review

YEARLY HIGH

44.0347 MKD

YEARLY LOW

34.3172 MKD

YEARLY AVERAGE

38.8060 MKD

2015 NZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 44.0347. Conversely, the yearly low was recorded on September 13, dropping to 34.3172.

This high-to-low spread represents a total annual volatility of 9.7175 MKD. From a start-to-finish perspective, comparing the January average rate of 40.1461 to the December average rate of 38.1330, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 44.0347 was up 10.14% compared to the 2014 peak of 39.9822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 220,174 MKD

2014 Average 192,399 MKD

Yearly Trough Low 171,586 MKD

Transaction Impact: A difference of 48,587.36 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

44.0804

33.8681

JanuMarcMayJulySeptNove

NZD to MKD 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 40.8752, compared to 36.7368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1384 points.

H1 Avg (Jan–Jun) 40.8752

H2 Avg (Jul–Dec) 36.7368

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 2.8519 MKD (High: 37.2088 / Low: 34.3568). On the other end, July was the most stable month, with a tight range of 0.8409 MKD (High: 37.6417 / Low: 36.8009).

August Spread (Volatile) ±2.8519

July Spread (Stable) ±0.8409

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 2.5238 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.5238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 43.2294) against the same month in 2014 (average: 38.4156), the exchange rate shifted by +4.8138 (+12.53%).

2015 Avg (April) 43.2294

2014 Avg (April) 38.4156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.6540	38.9215	40.1461
February	41.5250	39.3871	40.3955
March	43.3440	41.2976	42.4982
April	44.0347	41.8792	43.2294
May	41.5957	39.7240	40.7056
June	40.0873	37.2682	38.2765
July	37.6417	36.8009	37.1582
August	37.2088	34.3568	36.2271
September	35.2340	34.3172	34.7191
October	37.9607	35.2121	36.5479
November	38.3396	37.2096	37.6357
December	38.6981	37.6135	38.1330