2015 IQD to MKD Historical Review

YEARLY HIGH

0.0541 MKD

YEARLY LOW

0.0432 MKD

YEARLY AVERAGE

0.0476 MKD

2015 IQD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the IQD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0541. Conversely, the yearly low was recorded on January 4, dropping to 0.0432.

This high-to-low spread represents a total annual volatility of 0.0109 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0450 to the December average rate of 0.0515, the exchange rate registered a net change of 14.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0541 was up 24.48% compared to the 2014 peak of 0.0434, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 270 MKD

2014 Average 198 MKD

Yearly Trough Low 216 MKD

Transaction Impact: A difference of 54.49 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0526

0.0443

JanuMarcMayJulySeptNove

IQD 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 0.0466, compared to 0.0486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0466

H2 Avg (Jul–Dec) 0.0486

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 0.0070 MKD (High: 0.0541 / Low: 0.0471). On the other end, February was the most stable month, with a tight range of 0.0009 MKD (High: 0.0462 / Low: 0.0452).

November Spread (Volatile) ±0.0070

February Spread (Stable) ±0.0009

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 April and May, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 0.0519) against the same month in 2014 (average: 0.0420), the exchange rate shifted by +0.0099 (+23.55%).

2015 Avg (November) 0.0519

2014 Avg (November) 0.0420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0473	0.0432	0.0450
February	0.0462	0.0452	0.0457
March	0.0497	0.0461	0.0482
April	0.0489	0.0463	0.0481
May	0.0479	0.0452	0.0465
June	0.0475	0.0456	0.0464
July	0.0483	0.0465	0.0473
August	0.0486	0.0464	0.0477
September	0.0486	0.0457	0.0468
October	0.0492	0.0456	0.0466
November	0.0541	0.0471	0.0519
December	0.0533	0.0508	0.0515