2015 BGN to MKD Historical Review

YEARLY HIGH

31.7865 MKD

YEARLY LOW

30.4989 MKD

YEARLY AVERAGE

31.4455 MKD

2015 BGN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BGN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 31.7865. Conversely, the yearly low was recorded on October 25, dropping to 30.4989.

This high-to-low spread represents a total annual volatility of 1.2876 MKD. From a start-to-finish perspective, comparing the January average rate of 31.2707 to the December average rate of 31.4557, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 31.7865 was up 0.07% compared to the 2014 peak of 31.7645, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,932 MKD

2014 Average 157,286 MKD

Yearly Trough Low 152,494 MKD

Transaction Impact: A difference of 6,438.08 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

31.5105

31.2489

JanuMarcMayJulySeptNove

BGN 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 31.4445, compared to 31.4466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 31.4445

H2 Avg (Jul–Dec) 31.4466

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 1.1220 MKD (High: 31.6209 / Low: 30.4989). On the other end, May was the most stable month, with a tight range of 0.1050 MKD (High: 31.5284 / Low: 31.4233).

October Spread (Volatile) ±1.1220

May Spread (Stable) ±0.1050

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 0.1336 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 31.4836) against the same month in 2014 (average: 31.4843), the exchange rate shifted by -0.0007 (-0.00%).

2015 Avg (April) 31.4836

2014 Avg (April) 31.4843

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.7169	30.6525	31.2707
February	31.5917	31.2952	31.4595
March	31.6839	31.4180	31.4887
April	31.7865	31.1461	31.4836
May	31.5284	31.4233	31.4790
June	31.5590	31.3875	31.4856
July	31.5745	31.3697	31.4753
August	31.6309	31.3915	31.4679
September	31.6724	31.1879	31.4775
October	31.6209	30.4989	31.3439
November	31.5269	31.3797	31.4591
December	31.5703	31.3030	31.4557