2015 MDL to MKD Historical Review

YEARLY HIGH

3.3308 MKD

YEARLY LOW

2.6934 MKD

YEARLY AVERAGE

2.9609 MKD

2015 MDL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MDL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 3.3308. Conversely, the yearly low was recorded on October 24, dropping to 2.6934.

This high-to-low spread represents a total annual volatility of 0.6374 MKD. From a start-to-finish perspective, comparing the January average rate of 3.1628 to the December average rate of 2.8628, the exchange rate registered a net change of -9.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.3308 was down 4.42% compared to the 2014 peak of 3.4849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,654 MKD

2014 Average 16,566 MKD

Yearly Trough Low 13,467 MKD

Transaction Impact: A difference of 3,186.98 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3.2088

2.7052

JanuMarcMayJulySeptNove

MDL 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 3.0667, compared to 2.8552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2115 points.

H1 Avg (Jan–Jun) 3.0667

H2 Avg (Jul–Dec) 2.8552

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.3112 MKD (High: 3.3308 / Low: 3.0196). On the other end, July was the most stable month, with a tight range of 0.0917 MKD (High: 3.0084 / Low: 2.9167).

January Spread (Volatile) ±0.3112

July Spread (Stable) ±0.0917

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.2428 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2428

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 3.1628) against the same month in 2014 (average: 3.4280), the exchange rate shifted by -0.2653 (-7.74%).

2015 Avg (January) 3.1628

2014 Avg (January) 3.4280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.3308	3.0196	3.1628
February	3.0184	2.8581	2.9200
March	3.2287	2.9780	3.0987
April	3.2458	3.0368	3.1669
May	3.1583	3.0210	3.0817
June	3.1124	2.8406	2.9701
July	3.0084	2.9167	2.9542
August	3.0003	2.8022	2.9115
September	2.8732	2.6946	2.7830
October	2.8114	2.6934	2.7472
November	2.9158	2.7913	2.8726
December	2.9258	2.8156	2.8628