2015 MKD to CLP Historical Review

YEARLY HIGH

13.1775 CLP

YEARLY LOW

10.6446 CLP

YEARLY AVERAGE

11.8022 CLP

2015 MKD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 13.1775. Conversely, the yearly low was recorded on April 14, dropping to 10.6446.

This high-to-low spread represents a total annual volatility of 2.5330 CLP. From a start-to-finish perspective, comparing the January average rate of 11.8175 to the December average rate of 12.4684, the exchange rate registered a net change of 5.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 13.1775 was up 1.73% compared to the 2014 peak of 12.9537, 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 65,888 CLP

2014 Average 61,489 CLP

Yearly Trough Low 53,223 CLP

Transaction Impact: A difference of 12,664.75 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

12.7955

10.6047

JanuMarcMayJulySeptNove

MKD to CLP 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 11.2788, compared to 12.3255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0466 points.

H1 Avg (Jan–Jun) 11.2788

H2 Avg (Jul–Dec) 12.3255

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 1.1693 CLP (High: 13.1775 / Low: 12.0083). On the other end, November was the most stable month, with a tight range of 0.2018 CLP (High: 12.3977 / Low: 12.1959).

August Spread (Volatile) ±1.1693

November Spread (Stable) ±0.2018

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4323 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 12.4458) against the same month in 2014 (average: 12.5688), the exchange rate shifted by -0.1230 (-0.98%).

2015 Avg (August) 12.4458

2014 Avg (August) 12.5688

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.1829	11.4954	11.8175
February	11.6691	11.2467	11.4820
March	11.2365	10.8940	11.0498
April	11.0931	10.6446	10.7873
May	11.2263	10.8585	11.0199
June	11.6647	11.0387	11.5165
July	11.9940	11.3886	11.6192
August	13.1775	12.0083	12.4458
September	12.8653	12.4355	12.6130
October	12.7432	12.2383	12.5156
November	12.3977	12.1959	12.2909
December	12.6989	12.1335	12.4684