2015 BZD to MKD Historical Review

YEARLY HIGH

29.3451 MKD

YEARLY LOW

25.2250 MKD

YEARLY AVERAGE

27.7179 MKD

2015 BZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 29.3451. Conversely, the yearly low was recorded on January 2, dropping to 25.2250.

This high-to-low spread represents a total annual volatility of 4.1201 MKD. From a start-to-finish perspective, comparing the January average rate of 26.3159 to the December average rate of 28.3179, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 29.3451 was up 15.95% compared to the 2014 peak of 25.3093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,726 MKD

2014 Average 116,124 MKD

Yearly Trough Low 126,125 MKD

Transaction Impact: A difference of 20,600.61 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

28.9956

26.0723

JanuMarcMayJulySeptNove

BZD 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 27.5694, compared to 27.8665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2971 points.

H1 Avg (Jan–Jun) 27.5694

H2 Avg (Jul–Dec) 27.8665

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 1.9961 MKD (High: 27.2211 / Low: 25.2250). On the other end, February was the most stable month, with a tight range of 0.5148 MKD (High: 27.4489 / Low: 26.9341).

January Spread (Volatile) ±1.9961

February Spread (Stable) ±0.5148

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.9071 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 28.4850) against the same month in 2014 (average: 22.4110), the exchange rate shifted by +6.0740 (+27.10%).

2015 Avg (March) 28.4850

2014 Avg (March) 22.4110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.2211	25.2250	26.3159
February	27.4489	26.9341	27.1286
March	29.3451	27.4887	28.4850
April	28.9214	27.5700	28.5165
May	28.2692	26.9141	27.6093
June	28.2375	26.9539	27.3609
July	28.2281	27.4545	27.8066
August	28.0257	26.6860	27.5233
September	27.8077	27.0766	27.4203
October	28.1519	26.9627	27.3787
November	29.1714	28.0210	28.7520
December	29.1242	27.9902	28.3179