2015 MKD to BGN Historical Review

YEARLY HIGH

0.0328 BGN

YEARLY LOW

0.0315 BGN

YEARLY AVERAGE

0.0318 BGN

2015 MKD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0328. Conversely, the yearly low was recorded on April 4, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0013 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0320 to the December average rate of 0.0318, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0328 was up 2.00% compared to the 2014 peak of 0.0321, 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 164 BGN

2014 Average 159 BGN

Yearly Trough Low 157 BGN

Transaction Impact: A difference of 6.64 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0320

0.0317

JanuMarcMayJulySeptNove

MKD to BGN 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 0.0318, compared to 0.0318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0318

H2 Avg (Jul–Dec) 0.0318

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0012 BGN (High: 0.0328 / Low: 0.0316). On the other end, May was the most stable month, with a tight range of 0.0001 BGN (High: 0.0318 / Low: 0.0317).

October Spread (Volatile) ±0.0012

May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 0.0319) against the same month in 2014 (average: 0.0318), the exchange rate shifted by +0.0001 (+0.45%).

2015 Avg (October) 0.0319

2014 Avg (October) 0.0318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0326	0.0315	0.0320
February	0.0320	0.0317	0.0318
March	0.0318	0.0316	0.0318
April	0.0321	0.0315	0.0318
May	0.0318	0.0317	0.0318
June	0.0319	0.0317	0.0318
July	0.0319	0.0317	0.0318
August	0.0319	0.0316	0.0318
September	0.0321	0.0316	0.0318
October	0.0328	0.0316	0.0319
November	0.0319	0.0317	0.0318
December	0.0319	0.0317	0.0318