2015 GHS to MKD Historical Review

YEARLY HIGH

17.3637 MKD

YEARLY LOW

12.3420 MKD

YEARLY AVERAGE

14.7444 MKD

2015 GHS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GHS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 17.3637. Conversely, the yearly low was recorded on June 20, dropping to 12.3420.

This high-to-low spread represents a total annual volatility of 5.0217 MKD. From a start-to-finish perspective, comparing the January average rate of 16.1317 to the December average rate of 14.8362, the exchange rate registered a net change of -8.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 17.3637 was down 9.85% compared to the 2014 peak of 19.2604, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 86,819 MKD

2014 Average 77,405 MKD

Yearly Trough Low 61,710 MKD

Transaction Impact: A difference of 25,108.38 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

16.4651

12.4649

JanuMarcMayJulySeptNove

GHS 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 14.8713, compared to 14.6174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2538 points.

H1 Avg (Jan–Jun) 14.8713

H2 Avg (Jul–Dec) 14.6174

Volatility Range Comparison

Volatility

The most volatile month in 2015 was July, with a trading range of 4.6261 MKD (High: 17.3637 / Low: 12.7376). On the other end, May was the most stable month, with a tight range of 0.7028 MKD (High: 14.3090 / Low: 13.6061).

July Spread (Volatile) ±4.6261

May Spread (Stable) ±0.7028

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 1.8133 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.8133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2015: 15.5696) against the same month in 2014 (average: 13.4427), the exchange rate shifted by +2.1269 (+15.82%).

2015 Avg (July) 15.5696

2014 Avg (July) 13.4427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.5162	15.7250	16.1317
February	16.3316	15.5667	15.8368
March	16.3602	14.8620	15.6402
April	15.1054	14.2986	14.8585
May	14.3090	13.6061	13.9621
June	13.8260	12.3420	12.7982
July	17.3637	12.7376	15.5696
August	14.8388	12.4336	13.7562
September	14.6695	13.4760	14.1248
October	14.8277	13.8998	14.3872
November	15.3381	14.4757	15.0306
December	15.3161	14.5986	14.8362