2015 MKD to ALL Historical Review

YEARLY HIGH

2.3355 ALL

YEARLY LOW

2.2124 ALL

YEARLY AVERAGE

2.2717 ALL

2015 MKD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 2.3355. Conversely, the yearly low was recorded on November 22, dropping to 2.2124.

This high-to-low spread represents a total annual volatility of 0.1231 ALL. From a start-to-finish perspective, comparing the January average rate of 2.2884 to the December average rate of 2.2378, the exchange rate registered a net change of -2.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.3355 was up 1.76% compared to the 2014 peak of 2.2952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,678 ALL

2014 Average 11,369 ALL

Yearly Trough Low 11,062 ALL

Transaction Impact: A difference of 615.48 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.2934

2.2327

JanuMarcMayJulySeptNove

MKD to ALL 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 2.2832, compared to 2.2602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 2.2832

H2 Avg (Jul–Dec) 2.2602

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0851 ALL (High: 2.3298 / Low: 2.2447). On the other end, February was the most stable month, with a tight range of 0.0154 ALL (High: 2.2841 / Low: 2.2686).

October Spread (Volatile) ±0.0851

February Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0342 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 2.2884) against the same month in 2014 (average: 2.2848), the exchange rate shifted by +0.0036 (+0.16%).

2015 Avg (January) 2.2884

2014 Avg (January) 2.2848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3355	2.2602	2.2884
February	2.2841	2.2686	2.2783
March	2.2940	2.2652	2.2779
April	2.2988	2.2684	2.2826
May	2.3042	2.2605	2.2857
June	2.3066	2.2624	2.2865
July	2.2804	2.2583	2.2703
August	2.2867	2.2544	2.2698
September	2.2848	2.2504	2.2674
October	2.3298	2.2447	2.2749
November	2.2650	2.2124	2.2407
December	2.2576	2.2189	2.2378