YEARLY HIGH
10.6547 MKD
YEARLY LOW
8.0609 MKD
YEARLY AVERAGE
9.0627 MKD

2015 TJS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TJS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 10.6547. Conversely, the yearly low was recorded on December 28, dropping to 8.0609.

This high-to-low spread represents a total annual volatility of 2.5938 MKD. From a start-to-finish perspective, comparing the January average rate of 9.9612 to the December average rate of 8.2477, the exchange rate registered a net change of -17.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 10.6547 was up 7.91% compared to the 2014 peak of 9.8738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,273 MKD
2014 Average 47,053 MKD
Yearly Trough Low 40,305 MKD
Transaction Impact: A difference of 12,968.90 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

10.4052
8.0515
JanuMarcMayJulySeptNove

TJS 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 9.5295, compared to 8.5959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9336 points.

H1 Avg (Jan–Jun) 9.5295
H2 Avg (Jul–Dec) 8.5959

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 1.0355 MKD (High: 9.8548 / Low: 8.8192). On the other end, February was the most stable month, with a tight range of 0.1600 MKD (High: 10.1108 / Low: 9.9507).

April Spread (Volatile) ±1.0355
February Spread (Stable) ±0.1600

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7825 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7825

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 10.2090) against the same month in 2014 (average: 9.2830), the exchange rate shifted by +0.9261 (+9.98%).

2015 Avg (March) 10.2090
2014 Avg (March) 9.2830

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1858 9.6948 9.9612
February 10.1108 9.9507 10.0268
March 10.6547 9.8245 10.2090
April 9.8548 8.8192 9.4265
May 9.0050 8.5565 8.7877
June 9.0023 8.6634 8.7659
July 9.0663 8.8205 8.9376
August 9.0191 8.4611 8.8060
September 8.7782 8.4767 8.6005
October 8.5541 8.2057 8.3603
November 8.6948 8.4467 8.6235
December 8.6112 8.0609 8.2477