2015 AZN to MKD Historical Review

YEARLY HIGH

69.4486 MKD

YEARLY LOW

35.9205 MKD

YEARLY AVERAGE

55.0200 MKD

2015 AZN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AZN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 69.4486. Conversely, the yearly low was recorded on December 28, dropping to 35.9205.

This high-to-low spread represents a total annual volatility of 33.5281 MKD. From a start-to-finish perspective, comparing the January average rate of 67.1028 to the December average rate of 49.3343, the exchange rate registered a net change of -26.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 69.4486 was up 7.56% compared to the 2014 peak of 64.5653, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 347,243 MKD

2014 Average 295,964 MKD

Yearly Trough Low 179,603 MKD

Transaction Impact: A difference of 167,640.55 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

68.8797

47.5575

JanuMarcMayJulySeptNove

AZN 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 57.6502, compared to 52.3898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2604 points.

H1 Avg (Jan–Jun) 57.6502

H2 Avg (Jul–Dec) 52.3898

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 19.4806 MKD (High: 55.4011 / Low: 35.9205). On the other end, July was the most stable month, with a tight range of 1.3060 MKD (High: 53.9224 / Low: 52.6164).

December Spread (Volatile) ±19.4806

July Spread (Stable) ±1.3060

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 11.1247 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -11.1247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 65.4258) against the same month in 2014 (average: 57.6082), the exchange rate shifted by +7.8177 (+13.57%).

2015 Avg (February) 65.4258

2014 Avg (February) 57.6082

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	69.3205	64.5410	67.1028
February	69.4486	51.6811	65.4258
March	56.0548	52.4019	54.3012
April	54.8599	52.4722	54.1880
May	53.7617	51.2919	52.5651
June	53.7361	51.7111	52.3184
July	53.9224	52.6164	53.2665
August	53.7015	50.7360	52.6250
September	52.8454	51.4604	52.1662
October	53.6605	51.5734	52.1982
November	55.5629	53.3154	54.7489
December	55.4011	35.9205	49.3343