YEARLY HIGH
0.5768 MKD
YEARLY LOW
0.5010 MKD
YEARLY AVERAGE
0.5396 MKD

2015 PKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the PKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.5768. Conversely, the yearly low was recorded on January 2, dropping to 0.5010.

This high-to-low spread represents a total annual volatility of 0.0758 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5218 to the December average rate of 0.5388, the exchange rate registered a net change of 3.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5768 was up 14.80% compared to the 2014 peak of 0.5024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 288,409 MKD
2014 Average 229,831 MKD
Yearly Trough Low 250,523 MKD
Transaction Impact: A difference of 37,885.82 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5635
0.5180
JanuMarcMayJulySeptNove

PKR 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 0.5425, compared to 0.5367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.5425
H2 Avg (Jul–Dec) 0.5367

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0392 MKD (High: 0.5545 / Low: 0.5153). On the other end, February was the most stable month, with a tight range of 0.0072 MKD (High: 0.5384 / Low: 0.5312).

August Spread (Volatile) ±0.0392
February Spread (Stable) ±0.0072

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 0.0182 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.5586) against the same month in 2014 (average: 0.4453), the exchange rate shifted by +0.1134 (+25.47%).

2015 Avg (March) 0.5586
2014 Avg (March) 0.4453

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5383 0.5010 0.5218
February 0.5384 0.5312 0.5343
March 0.5768 0.5391 0.5586
April 0.5681 0.5411 0.5597
May 0.5538 0.5272 0.5415
June 0.5537 0.5324 0.5390
July 0.5572 0.5428 0.5495
August 0.5545 0.5153 0.5401
September 0.5323 0.5198 0.5251
October 0.5351 0.5170 0.5226
November 0.5517 0.5304 0.5440
December 0.5504 0.5340 0.5388