2015 MKD to HRK Historical Review

YEARLY HIGH

0.1282 HRK

YEARLY LOW

0.1220 HRK

YEARLY AVERAGE

0.1238 HRK

2015 MKD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.1282. Conversely, the yearly low was recorded on September 8, dropping to 0.1220.

This high-to-low spread represents a total annual volatility of 0.0062 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1257 to the December average rate of 0.1242, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1282 was up 2.26% compared to the 2014 peak of 0.1254, 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 641 HRK

2014 Average 620 HRK

Yearly Trough Low 610 HRK

Transaction Impact: A difference of 31.10 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1260

0.1224

JanuMarcMayJulySeptNove

MKD to HRK 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 0.1240, compared to 0.1235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1240

H2 Avg (Jul–Dec) 0.1235

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0045 HRK (High: 0.1278 / Low: 0.1232). On the other end, December was the most stable month, with a tight range of 0.0007 HRK (High: 0.1245 / Low: 0.1239).

October Spread (Volatile) ±0.0045

December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and July, 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 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.1257) against the same month in 2014 (average: 0.1240), the exchange rate shifted by +0.0017 (+1.35%).

2015 Avg (January) 0.1257

2014 Avg (January) 0.1240

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1282	0.1240	0.1257
February	0.1260	0.1245	0.1252
March	0.1248	0.1231	0.1240
April	0.1243	0.1224	0.1234
May	0.1232	0.1222	0.1227
June	0.1232	0.1225	0.1229
July	0.1238	0.1228	0.1232
August	0.1233	0.1221	0.1228
September	0.1253	0.1220	0.1233
October	0.1278	0.1232	0.1243
November	0.1241	0.1221	0.1235
December	0.1245	0.1239	0.1242