2015 BRL to MKD Historical Review

YEARLY HIGH

21.0257 MKD

YEARLY LOW

13.3109 MKD

YEARLY AVERAGE

16.8966 MKD

2015 BRL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BRL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 21.0257. Conversely, the yearly low was recorded on September 23, dropping to 13.3109.

This high-to-low spread represents a total annual volatility of 7.7148 MKD. From a start-to-finish perspective, comparing the January average rate of 19.9711 to the December average rate of 14.5528, the exchange rate registered a net change of -27.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 21.0257 was down 0.65% compared to the 2014 peak of 21.1633, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 525,643 MKD

2014 Average 493,695 MKD

Yearly Trough Low 332,772 MKD

Transaction Impact: A difference of 192,870.76 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

20.5614

13.4772

JanuMarcMayJulySeptNove

BRL 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 18.6199, compared to 15.1732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4467 points.

H1 Avg (Jan–Jun) 18.6199

H2 Avg (Jul–Dec) 15.1732

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 2.3189 MKD (High: 21.0257 / Low: 18.7068). On the other end, June was the most stable month, with a tight range of 0.3897 MKD (High: 17.8465 / Low: 17.4568).

January Spread (Volatile) ±2.3189

June Spread (Stable) ±0.3897

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 August and September, when the average rate fell by 1.7010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.7010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 19.9711) against the same month in 2014 (average: 18.9955), the exchange rate shifted by +0.9755 (+5.14%).

2015 Avg (January) 19.9711

2014 Avg (January) 18.9955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.0257	18.7068	19.9711
February	20.2425	18.8553	19.2593
March	19.3352	17.4207	18.1125
April	19.3542	17.9928	18.6956
May	18.4655	17.6201	18.0641
June	17.8465	17.4568	17.6169
July	17.9113	16.4677	17.4016
August	16.4244	14.9369	15.7685
September	14.8455	13.3109	14.0676
October	14.5076	13.7497	14.0999
November	15.6204	14.4701	15.1488
December	15.1036	14.1038	14.5528