2015 DJF to MKD Historical Review

YEARLY HIGH

0.3298 MKD

YEARLY LOW

0.2830 MKD

YEARLY AVERAGE

0.3121 MKD

2015 DJF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the DJF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.3298. Conversely, the yearly low was recorded on January 3, dropping to 0.2830.

This high-to-low spread represents a total annual volatility of 0.0468 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2957 to the December average rate of 0.3178, the exchange rate registered a net change of 7.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3298 was up 16.13% compared to the 2014 peak of 0.2840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,649 MKD

2014 Average 1,300 MKD

Yearly Trough Low 1,415 MKD

Transaction Impact: A difference of 233.95 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3257

0.2930

JanuMarcMayJulySeptNove

DJF 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 0.3103, compared to 0.3139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.3103

H2 Avg (Jul–Dec) 0.3139

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0234 MKD (High: 0.3065 / Low: 0.2830). On the other end, February was the most stable month, with a tight range of 0.0061 MKD (High: 0.3078 / Low: 0.3017).

January Spread (Volatile) ±0.0234

February Spread (Stable) ±0.0061

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 0.0099 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.3201) against the same month in 2014 (average: 0.2505), the exchange rate shifted by +0.0696 (+27.78%).

2015 Avg (March) 0.3201

2014 Avg (March) 0.2505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3065	0.2830	0.2957
February	0.3078	0.3017	0.3044
March	0.3298	0.3082	0.3201
April	0.3257	0.3103	0.3209
May	0.3189	0.3035	0.3110
June	0.3185	0.3056	0.3096
July	0.3199	0.3110	0.3152
August	0.3178	0.3000	0.3110
September	0.3122	0.3057	0.3086
October	0.3164	0.3039	0.3077
November	0.3276	0.3148	0.3229
December	0.3267	0.3151	0.3178