2015 MKD to BWP Historical Review

YEARLY HIGH

0.2018 BWP

YEARLY LOW

0.1713 BWP

YEARLY AVERAGE

0.1828 BWP

2015 MKD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.2018. Conversely, the yearly low was recorded on April 9, dropping to 0.1713.

This high-to-low spread represents a total annual volatility of 0.0306 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1823 to the December average rate of 0.1955, the exchange rate registered a net change of 7.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2018 was up 0.41% compared to the 2014 peak of 0.2010, 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 1,009 BWP

2014 Average 968 BWP

Yearly Trough Low 856 BWP

Transaction Impact: A difference of 152.90 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1977

0.1714

JanuMarcMayJulySeptNove

MKD to BWP 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 0.1777, compared to 0.1879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.1777

H2 Avg (Jul–Dec) 0.1879

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0151 BWP (High: 0.2018 / Low: 0.1867). On the other end, November was the most stable month, with a tight range of 0.0040 BWP (High: 0.1889 / Low: 0.1849).

December Spread (Volatile) ±0.0151

November Spread (Stable) ±0.0040

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 January and February, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1955) against the same month in 2014 (average: 0.1893), the exchange rate shifted by +0.0062 (+3.26%).

2015 Avg (December) 0.1955

2014 Avg (December) 0.1893

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1902	0.1775	0.1823
February	0.1794	0.1749	0.1773
March	0.1768	0.1727	0.1742
April	0.1771	0.1713	0.1736
May	0.1804	0.1738	0.1776
June	0.1840	0.1768	0.1810
July	0.1808	0.1768	0.1792
August	0.1921	0.1790	0.1843
September	0.1934	0.1883	0.1908
October	0.1934	0.1869	0.1903
November	0.1889	0.1849	0.1871
December	0.2018	0.1867	0.1955