2015 MGA to MKD Historical Review

YEARLY HIGH

0.0207 MKD

YEARLY LOW

0.0162 MKD

YEARLY AVERAGE

0.0179 MKD

2015 MGA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MGA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0207. Conversely, the yearly low was recorded on August 24, dropping to 0.0162.

This high-to-low spread represents a total annual volatility of 0.0045 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0197 to the December average rate of 0.0176, the exchange rate registered a net change of -10.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0207 was up 3.25% compared to the 2014 peak of 0.0201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104 MKD

2014 Average 94 MKD

Yearly Trough Low 81 MKD

Transaction Impact: A difference of 22.63 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0201

0.0164

JanuMarcMayJulySeptNove

MGA 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 0.0186, compared to 0.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0186

H2 Avg (Jul–Dec) 0.0173

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0014 MKD (High: 0.0207 / Low: 0.0193). On the other end, December was the most stable month, with a tight range of 0.0005 MKD (High: 0.0179 / Low: 0.0174).

January Spread (Volatile) ±0.0014

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0197) against the same month in 2014 (average: 0.0199), the exchange rate shifted by -0.0002 (-0.90%).

2015 Avg (January) 0.0197

2014 Avg (January) 0.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0207	0.0193	0.0197
February	0.0195	0.0190	0.0192
March	0.0197	0.0185	0.0192
April	0.0190	0.0179	0.0185
May	0.0184	0.0173	0.0178
June	0.0183	0.0170	0.0173
July	0.0174	0.0166	0.0170
August	0.0171	0.0162	0.0167
September	0.0177	0.0166	0.0173
October	0.0183	0.0169	0.0174
November	0.0178	0.0172	0.0175
December	0.0179	0.0174	0.0176