2015 MKD to BND Historical Review

YEARLY HIGH

0.0265 BND

YEARLY LOW

0.0235 BND

YEARLY AVERAGE

0.0248 BND

2015 MKD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0265. Conversely, the yearly low was recorded on April 27, dropping to 0.0235.

This high-to-low spread represents a total annual volatility of 0.0030 BND. From a start-to-finish perspective, comparing the January average rate of 0.0254 to the December average rate of 0.0249, the exchange rate registered a net change of -1.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0265 was down 7.67% compared to the 2014 peak of 0.0287, 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 132 BND

2014 Average 137 BND

Yearly Trough Low 117 BND

Transaction Impact: A difference of 14.90 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0260

0.0235

JanuMarcMayJulySeptNove

MKD to BND 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 0.0245, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0245

H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0020 BND (High: 0.0265 / Low: 0.0244). On the other end, February was the most stable month, with a tight range of 0.0003 BND (High: 0.0252 / Low: 0.0248).

August Spread (Volatile) ±0.0020

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 0.0253) against the same month in 2014 (average: 0.0271), the exchange rate shifted by -0.0018 (-6.63%).

2015 Avg (August) 0.0253

2014 Avg (August) 0.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0264	0.0248	0.0254
February	0.0252	0.0248	0.0250
March	0.0248	0.0237	0.0242
April	0.0240	0.0235	0.0237
May	0.0246	0.0238	0.0242
June	0.0247	0.0240	0.0245
July	0.0246	0.0241	0.0243
August	0.0265	0.0244	0.0253
September	0.0262	0.0256	0.0258
October	0.0262	0.0249	0.0257
November	0.0251	0.0242	0.0246
December	0.0252	0.0243	0.0249