YEARLY HIGH
0.0562 TRY
YEARLY LOW
0.0435 TRY
YEARLY AVERAGE
0.0491 TRY

2015 MKD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.0562. Conversely, the yearly low was recorded on January 18, dropping to 0.0435.

This high-to-low spread represents a total annual volatility of 0.0127 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0445 to the December average rate of 0.0518, the exchange rate registered a net change of 16.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0562 was up 8.39% compared to the 2014 peak of 0.0518, 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 281 TRY
2014 Average 236 TRY
Yearly Trough Low 217 TRY
Transaction Impact: A difference of 63.46 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0562
0.0434
JanuMarcMayJulySeptNove

MKD to TRY 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 0.0465, compared to 0.0517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0465
H2 Avg (Jul–Dec) 0.0517

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0059 TRY (High: 0.0552 / Low: 0.0492). On the other end, February was the most stable month, with a tight range of 0.0013 TRY (High: 0.0460 / Low: 0.0446).

August Spread (Volatile) ±0.0059
February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0034 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.0551) against the same month in 2014 (average: 0.0465), the exchange rate shifted by +0.0086 (+18.61%).

2015 Avg (September) 0.0551
2014 Avg (September) 0.0465

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0463 0.0435 0.0445
February 0.0460 0.0446 0.0455
March 0.0467 0.0448 0.0456
April 0.0485 0.0455 0.0466
May 0.0495 0.0464 0.0480
June 0.0503 0.0475 0.0491
July 0.0496 0.0469 0.0482
August 0.0552 0.0492 0.0516
September 0.0562 0.0536 0.0551
October 0.0549 0.0519 0.0536
November 0.0516 0.0489 0.0502
December 0.0532 0.0498 0.0518