2015 FJD to MKD Historical Review

YEARLY HIGH

28.3126 MKD

YEARLY LOW

24.9414 MKD

YEARLY AVERAGE

26.5412 MKD

2015 FJD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the FJD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 28.3126. Conversely, the yearly low was recorded on August 24, dropping to 24.9414.

This high-to-low spread represents a total annual volatility of 3.3711 MKD. From a start-to-finish perspective, comparing the January average rate of 26.2363 to the December average rate of 26.4968, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 28.3126 was up 10.28% compared to the 2014 peak of 25.6740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141,563 MKD

2014 Average 123,391 MKD

Yearly Trough Low 124,707 MKD

Transaction Impact: A difference of 16,855.73 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

28.1351

25.0491

JanuMarcMayJulySeptNove

FJD 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 26.9994, compared to 26.0831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9163 points.

H1 Avg (Jan–Jun) 26.9994

H2 Avg (Jul–Dec) 26.0831

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 1.6261 MKD (High: 26.5675 / Low: 24.9414). On the other end, September was the most stable month, with a tight range of 0.4202 MKD (High: 25.5239 / Low: 25.1037).

August Spread (Volatile) ±1.6261

September Spread (Stable) ±0.4202

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 0.8056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 27.7203) against the same month in 2014 (average: 23.9665), the exchange rate shifted by +3.7538 (+15.66%).

2015 Avg (March) 27.7203

2014 Avg (March) 23.9665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.9303	25.3285	26.2363
February	26.9500	26.3025	26.5672
March	28.3126	26.9197	27.7203
April	28.2085	27.1210	27.8780
May	27.4589	26.6925	27.0724
June	27.1108	26.0796	26.5221
July	26.6280	26.1496	26.4137
August	26.5675	24.9414	25.9102
September	25.5239	25.1037	25.3063
October	26.4538	25.2928	25.6851
November	27.1396	26.2058	26.6865
December	27.1895	26.1986	26.4968