2015 BAM to MKD Historical Review

YEARLY HIGH

31.7080 MKD

YEARLY LOW

30.5008 MKD

YEARLY AVERAGE

31.4425 MKD

2015 BAM to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BAM to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 31.7080. Conversely, the yearly low was recorded on October 25, dropping to 30.5008.

This high-to-low spread represents a total annual volatility of 1.2072 MKD. From a start-to-finish perspective, comparing the January average rate of 31.2702 to the December average rate of 31.4567, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 31.7080 was down 0.19% compared to the 2014 peak of 31.7687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,540 MKD

2014 Average 157,304 MKD

Yearly Trough Low 152,504 MKD

Transaction Impact: A difference of 6,035.96 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

31.5113

31.2483

JanuMarcMayJulySeptNove

BAM 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 31.4400, compared to 31.4450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 31.4400

H2 Avg (Jul–Dec) 31.4450

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 1.1222 MKD (High: 31.6229 / Low: 30.5008). On the other end, May was the most stable month, with a tight range of 0.1075 MKD (High: 31.5417 / Low: 31.4343).

October Spread (Volatile) ±1.1222

May Spread (Stable) ±0.1075

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 September and October, when the average rate fell by 0.1272 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 31.2702) against the same month in 2014 (average: 31.4493), the exchange rate shifted by -0.1790 (-0.57%).

2015 Avg (January) 31.2702

2014 Avg (January) 31.4493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.7080	30.6868	31.2702
February	31.5896	31.3151	31.4579
March	31.6878	31.4214	31.4894
April	31.6183	31.1462	31.4640
May	31.5417	31.4343	31.4783
June	31.5616	31.2796	31.4804
July	31.5686	31.3332	31.4714
August	31.6314	31.3672	31.4596
September	31.6617	31.1761	31.4717
October	31.6229	30.5008	31.3445
November	31.5540	31.3400	31.4659
December	31.5329	31.3363	31.4567