YEARLY HIGH
42.6104 MKD
YEARLY LOW
37.8002 MKD
YEARLY AVERAGE
40.3381 MKD

2015 SGD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SGD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 42.6104. Conversely, the yearly low was recorded on August 24, dropping to 37.8002.

This high-to-low spread represents a total annual volatility of 4.8102 MKD. From a start-to-finish perspective, comparing the January average rate of 39.3497 to the December average rate of 40.0978, the exchange rate registered a net change of 1.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 42.6104 was up 10.58% compared to the 2014 peak of 38.5353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 213,052 MKD
2014 Average 183,087 MKD
Yearly Trough Low 189,001 MKD
Transaction Impact: A difference of 24,051.11 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

42.5614
38.3525
JanuMarcMayJulySeptNove

SGD 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 40.8361, compared to 39.8401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9959 points.

H1 Avg (Jan–Jun) 40.8361
H2 Avg (Jul–Dec) 39.8401

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 3.1071 MKD (High: 40.9073 / Low: 37.8002). On the other end, February was the most stable month, with a tight range of 0.5468 MKD (High: 40.3351 / Low: 39.7883).

August Spread (Volatile) ±3.1071
February Spread (Stable) ±0.5468

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 July and August, when the average rate fell by 1.5546 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5546

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 42.2107) against the same month in 2014 (average: 35.5590), the exchange rate shifted by +6.6517 (+18.71%).

2015 Avg (April) 42.2107
2014 Avg (April) 35.5590

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.3471 37.8298 39.3497
February 40.3351 39.7883 39.9933
March 42.1784 40.2984 41.3227
April 42.6104 41.6014 42.2107
May 41.9039 40.7216 41.3529
June 41.6672 40.4249 40.7872
July 41.4398 40.7002 41.1198
August 40.9073 37.8002 39.5652
September 39.0428 38.2153 38.7032
October 40.1028 38.1274 38.9942
November 41.2412 39.9246 40.5606
December 41.1229 39.6665 40.0978