2015 MKD to BYR Historical Review

YEARLY HIGH

330.2252 BYR

YEARLY LOW

216.8880 BYR

YEARLY AVERAGE

287.0358 BYR

2015 MKD to BYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 330.2252. Conversely, the yearly low was recorded on January 4, dropping to 216.8880.

This high-to-low spread represents a total annual volatility of 113.3372 BYR. From a start-to-finish perspective, comparing the January average rate of 266.5125 to the December average rate of 323.9305, the exchange rate registered a net change of 21.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 330.2252 was up 45.46% compared to the 2014 peak of 227.0159, 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 1,651,126 BYR

2014 Average 1,103,797 BYR

Yearly Trough Low 1,084,440 BYR

Transaction Impact: A difference of 566,686.17 BYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

331.0083

246.0746

JanuMarcMayJulySeptNove

MKD to BYR 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 266.8908, compared to 307.1807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.2900 points.

H1 Avg (Jan–Jun) 266.8908

H2 Avg (Jul–Dec) 307.1807

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 69.1981 BYR (High: 286.0860 / Low: 216.8880). On the other end, November was the most stable month, with a tight range of 7.6742 BYR (High: 313.8593 / Low: 306.1851).

January Spread (Volatile) ±69.1981

November Spread (Stable) ±7.6742

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 February and March, when the average rate fell by 18.8591 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -18.8591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 323.9305) against the same month in 2014 (average: 219.4076), the exchange rate shifted by +104.5229 (+47.64%).

2015 Avg (December) 323.9305

2014 Avg (December) 219.4076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	286.0860	216.8880	266.5125
February	289.5250	270.3988	280.5615
March	273.8611	256.5178	261.7024
April	260.7107	248.3938	253.1525
May	266.5823	255.4168	260.4682
June	284.9921	263.4340	278.9476
July	278.8443	267.6598	273.1867
August	323.3192	271.8842	294.7895
September	328.0214	316.9327	322.5732
October	324.8932	309.7693	318.1688
November	313.8593	306.1851	310.4358
December	330.2252	312.4013	323.9305