2015 ALL to MKD Historical Review

YEARLY HIGH

0.4520 MKD

YEARLY LOW

0.4282 MKD

YEARLY AVERAGE

0.4402 MKD

2015 ALL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ALL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.4520. Conversely, the yearly low was recorded on January 7, dropping to 0.4282.

This high-to-low spread represents a total annual volatility of 0.0238 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4370 to the December average rate of 0.4469, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.4520 was up 1.40% compared to the 2014 peak of 0.4458, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,260 MKD

2014 Average 2,199 MKD

Yearly Trough Low 2,141 MKD

Transaction Impact: A difference of 119.11 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4479

0.4360

JanuMarcMayJulySeptNove

ALL 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 0.4380, compared to 0.4425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.4380

H2 Avg (Jul–Dec) 0.4425

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0163 MKD (High: 0.4455 / Low: 0.4292). On the other end, February was the most stable month, with a tight range of 0.0030 MKD (High: 0.4408 / Low: 0.4378).

October Spread (Volatile) ±0.0163

February Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 0.4463) against the same month in 2014 (average: 0.4419), the exchange rate shifted by +0.0044 (+0.99%).

2015 Avg (November) 0.4463

2014 Avg (November) 0.4419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4424	0.4282	0.4370
February	0.4408	0.4378	0.4389
March	0.4415	0.4359	0.4390
April	0.4408	0.4350	0.4381
May	0.4424	0.4340	0.4375
June	0.4420	0.4335	0.4374
July	0.4428	0.4385	0.4405
August	0.4436	0.4373	0.4406
September	0.4444	0.4377	0.4410
October	0.4455	0.4292	0.4396
November	0.4520	0.4415	0.4463
December	0.4507	0.4429	0.4469