2015 MKD to GMD Historical Review

YEARLY HIGH

0.8503 GMD

YEARLY LOW

0.6779 GMD

YEARLY AVERAGE

0.7441 GMD

2015 MKD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8503. Conversely, the yearly low was recorded on November 30, dropping to 0.6779.

This high-to-low spread represents a total annual volatility of 0.1723 GMD. From a start-to-finish perspective, comparing the January average rate of 0.8170 to the December average rate of 0.7003, the exchange rate registered a net change of -14.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.8503 was down 4.95% compared to the 2014 peak of 0.8945, 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 4,251 GMD

2014 Average 4,301 GMD

Yearly Trough Low 3,390 GMD

Transaction Impact: A difference of 861.59 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.8302

0.6718

JanuMarcMayJulySeptNove

MKD to GMD 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 0.7801, compared to 0.7082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0720 points.

H1 Avg (Jan–Jun) 0.7801

H2 Avg (Jul–Dec) 0.7082

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0758 GMD (High: 0.7907 / Low: 0.7148). On the other end, July was the most stable month, with a tight range of 0.0202 GMD (High: 0.7196 / Low: 0.6993).

June Spread (Volatile) ±0.0758

July Spread (Stable) ±0.0202

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0674 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.8170) against the same month in 2014 (average: 0.8431), the exchange rate shifted by -0.0261 (-3.10%).

2015 Avg (January) 0.8170

2014 Avg (January) 0.8431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8503	0.7855	0.8170
February	0.8115	0.7850	0.7955
March	0.7843	0.7336	0.7564
April	0.7804	0.7435	0.7556
May	0.8012	0.7616	0.7802
June	0.7907	0.7148	0.7760
July	0.7196	0.6993	0.7086
August	0.7471	0.7026	0.7192
September	0.7356	0.7066	0.7190
October	0.7321	0.6939	0.7168
November	0.6999	0.6779	0.6850
December	0.7086	0.6814	0.7003