YEARLY HIGH
1.3240 MKD
YEARLY LOW
1.1228 MKD
YEARLY AVERAGE
1.2184 MKD

2015 PHP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the PHP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.3240. Conversely, the yearly low was recorded on January 7, dropping to 1.1228.

This high-to-low spread represents a total annual volatility of 0.2013 MKD. From a start-to-finish perspective, comparing the January average rate of 1.1803 to the December average rate of 1.1959, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.3240 was up 17.18% compared to the 2014 peak of 1.1300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 331,012 MKD
2014 Average 261,349 MKD
Yearly Trough Low 280,689 MKD
Transaction Impact: A difference of 50,322.62 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.2945
1.1607
JanuMarcMayJulySeptNove

PHP 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 1.2373, compared to 1.1995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0378 points.

H1 Avg (Jan–Jun) 1.2373
H2 Avg (Jul–Dec) 1.1995

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1095 MKD (High: 1.2322 / Low: 1.1228). On the other end, September was the most stable month, with a tight range of 0.0237 MKD (High: 1.1844 / Low: 1.1607).

January Spread (Volatile) ±0.1095
September Spread (Stable) ±0.0237

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 0.0465 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.2789) against the same month in 2014 (average: 0.9959), the exchange rate shifted by +0.2829 (+28.41%).

2015 Avg (March) 1.2789
2014 Avg (March) 0.9959

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2322 1.1228 1.1803
February 1.2453 1.2172 1.2261
March 1.3240 1.2460 1.2789
April 1.2975 1.2366 1.2833
May 1.2622 1.2104 1.2369
June 1.2668 1.2037 1.2184
July 1.2531 1.2237 1.2357
August 1.2367 1.1397 1.1956
September 1.1844 1.1607 1.1719
October 1.1999 1.1624 1.1791
November 1.2347 1.1943 1.2186
December 1.2297 1.1800 1.1959