2015 MKD to BIF Historical Review

YEARLY HIGH

31.1177 BIF

YEARLY LOW

26.6270 BIF

YEARLY AVERAGE

28.2765 BIF

2015 MKD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 31.1177. Conversely, the yearly low was recorded on November 30, dropping to 26.6270.

This high-to-low spread represents a total annual volatility of 4.4908 BIF. From a start-to-finish perspective, comparing the January average rate of 29.8082 to the December average rate of 27.5473, the exchange rate registered a net change of -7.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 31.1177 was down 11.45% compared to the 2014 peak of 35.1414, 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 155,589 BIF

2014 Average 167,490 BIF

Yearly Trough Low 133,135 BIF

Transaction Impact: A difference of 22,453.78 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

30.0740

26.8842

JanuMarcMayJulySeptNove

MKD to BIF 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 28.4631, compared to 28.0900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3730 points.

H1 Avg (Jan–Jun) 28.4631

H2 Avg (Jul–Dec) 28.0900

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 2.4286 BIF (High: 31.1177 / Low: 28.6891). On the other end, February was the most stable month, with a tight range of 0.6734 BIF (High: 29.2101 / Low: 28.5368).

January Spread (Volatile) ±2.4286

February Spread (Stable) ±0.6734

Growth Streaks & Declines

Trends

Between April and July, 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 1.3720 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 29.8082) against the same month in 2014 (average: 34.2865), the exchange rate shifted by -4.4783 (-13.06%).

2015 Avg (January) 29.8082

2014 Avg (January) 34.2865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.1177	28.6891	29.8082
February	29.2101	28.5368	28.9351
March	28.5661	26.8132	27.5832
April	28.5796	26.9437	27.4921
May	29.2830	27.6804	28.4346
June	29.2574	27.7882	28.5250
July	29.5247	27.7178	28.7788
August	29.2457	27.4949	28.1371
September	28.7888	28.0036	28.4049
October	28.9618	27.8822	28.5220
November	27.9669	26.6270	27.1500
December	27.8368	26.8639	27.5473