2015 JOD to MKD Historical Review

YEARLY HIGH

82.9010 MKD

YEARLY LOW

71.2597 MKD

YEARLY AVERAGE

78.2115 MKD

2015 JOD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the JOD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 82.9010. Conversely, the yearly low was recorded on January 3, dropping to 71.2597.

This high-to-low spread represents a total annual volatility of 11.6413 MKD. From a start-to-finish perspective, comparing the January average rate of 74.1730 to the December average rate of 79.5992, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 82.9010 was up 15.91% compared to the 2014 peak of 71.5200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 414,505 MKD

2014 Average 327,783 MKD

Yearly Trough Low 356,299 MKD

Transaction Impact: A difference of 58,206.53 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

81.5334

73.5039

JanuMarcMayJulySeptNove

JOD 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 77.7758, compared to 78.6472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8714 points.

H1 Avg (Jan–Jun) 77.7758

H2 Avg (Jul–Dec) 78.6472

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 5.4010 MKD (High: 76.6607 / Low: 71.2597). On the other end, February was the most stable month, with a tight range of 1.5327 MKD (High: 77.4501 / Low: 75.9174).

January Spread (Volatile) ±5.4010

February Spread (Stable) ±1.5327

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 2.5514 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.5514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 80.3291) against the same month in 2014 (average: 63.0483), the exchange rate shifted by +17.2808 (+27.41%).

2015 Avg (March) 80.3291

2014 Avg (March) 63.0483

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	76.6607	71.2597	74.1730
February	77.4501	75.9174	76.4274
March	82.9010	77.5039	80.3291
April	81.5524	77.7537	80.3959
May	79.7185	75.9292	77.8445
June	79.6453	76.5540	77.4848
July	80.0841	78.0430	78.9744
August	79.7236	75.2301	78.0204
September	78.2056	76.5708	77.2860
October	79.1894	76.2034	77.1391
November	82.0693	78.9392	80.8642
December	81.8091	78.9036	79.5992