2015 AOA to MKD Historical Review

YEARLY HIGH

0.5500 MKD

YEARLY LOW

0.3975 MKD

YEARLY AVERAGE

0.4677 MKD

2015 AOA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AOA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.5500. Conversely, the yearly low was recorded on October 14, dropping to 0.3975.

This high-to-low spread represents a total annual volatility of 0.1525 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5086 to the December average rate of 0.4172, the exchange rate registered a net change of -17.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5500 was up 10.14% compared to the 2014 peak of 0.4994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,750 MKD

2014 Average 2,359 MKD

Yearly Trough Low 1,987 MKD

Transaction Impact: A difference of 762.50 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5448

0.3902

JanuMarcMayJulySeptNove

AOA 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 0.5098, compared to 0.4257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0841 points.

H1 Avg (Jan–Jun) 0.5098

H2 Avg (Jul–Dec) 0.4257

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0593 MKD (High: 0.5117 / Low: 0.4525). On the other end, February was the most stable month, with a tight range of 0.0122 MKD (High: 0.5225 / Low: 0.5103).

June Spread (Volatile) ±0.0593

February Spread (Stable) ±0.0122

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 June and July, when the average rate fell by 0.0268 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.5319) against the same month in 2014 (average: 0.4568), the exchange rate shifted by +0.0751 (+16.45%).

2015 Avg (March) 0.5319

2014 Avg (March) 0.4568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5231	0.4902	0.5086
February	0.5225	0.5103	0.5151
March	0.5500	0.5168	0.5319
April	0.5311	0.5042	0.5233
May	0.5131	0.4913	0.5032
June	0.5117	0.4525	0.4765
July	0.4584	0.4424	0.4496
August	0.4484	0.4234	0.4392
September	0.4414	0.4020	0.4208
October	0.4153	0.3975	0.4031
November	0.4303	0.4133	0.4242
December	0.4303	0.4136	0.4172