2015 HTG to MKD Historical Review

YEARLY HIGH

1.2554 MKD

YEARLY LOW

0.9862 MKD

YEARLY AVERAGE

1.0969 MKD

2015 HTG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HTG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.2554. Conversely, the yearly low was recorded on July 25, dropping to 0.9862.

This high-to-low spread represents a total annual volatility of 0.2692 MKD. From a start-to-finish perspective, comparing the January average rate of 1.1299 to the December average rate of 1.0001, the exchange rate registered a net change of -11.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.2554 was up 8.54% compared to the 2014 peak of 1.1566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,277 MKD

2014 Average 5,211 MKD

Yearly Trough Low 4,931 MKD

Transaction Impact: A difference of 1,346.05 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.2330

0.9789

JanuMarcMayJulySeptNove

HTG 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 1.1674, compared to 1.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1410 points.

H1 Avg (Jan–Jun) 1.1674

H2 Avg (Jul–Dec) 1.0264

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0841 MKD (High: 1.1671 / Low: 1.0830). On the other end, February was the most stable month, with a tight range of 0.0190 MKD (High: 1.1744 / Low: 1.1554).

January Spread (Volatile) ±0.0841

February Spread (Stable) ±0.0190

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.1245 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.2119) against the same month in 2014 (average: 1.0083), the exchange rate shifted by +0.2036 (+20.19%).

2015 Avg (March) 1.2119

2014 Avg (March) 1.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1671	1.0830	1.1299
February	1.1744	1.1554	1.1632
March	1.2554	1.1759	1.2119
April	1.2173	1.1566	1.1996
May	1.1843	1.1253	1.1561
June	1.1736	1.1298	1.1437
July	1.0680	0.9862	1.0191
August	1.0669	0.9901	1.0342
September	1.0489	1.0194	1.0349
October	1.0441	0.9994	1.0211
November	1.0611	1.0334	1.0489
December	1.0351	0.9890	1.0001