2015 SGD to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
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.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |