2015 MKD to HTG Historical Review

YEARLY HIGH

1.0140 HTG

YEARLY LOW

0.7966 HTG

YEARLY AVERAGE

0.9160 HTG

2015 MKD to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 1.0140. Conversely, the yearly low was recorded on March 15, dropping to 0.7966.

This high-to-low spread represents a total annual volatility of 0.2174 HTG. From a start-to-finish perspective, comparing the January average rate of 0.8856 to the December average rate of 1.0000, the exchange rate registered a net change of 12.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.0140 was down 1.52% compared to the 2014 peak of 1.0296, 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 5,070 HTG

2014 Average 4,804 HTG

Yearly Trough Low 3,983 HTG

Transaction Impact: A difference of 1,087.22 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.0175

0.8081

JanuMarcMayJulySeptNove

MKD to HTG 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 0.8574, compared to 0.9747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1174 points.

H1 Avg (Jan–Jun) 0.8574

H2 Avg (Jul–Dec) 0.9747

Volatility Range Comparison

Volatility

The most volatile month in 2015 was July, with a trading range of 0.0777 HTG (High: 1.0140 / Low: 0.9363). On the other end, February was the most stable month, with a tight range of 0.0140 HTG (High: 0.8655 / Low: 0.8515).

July Spread (Volatile) ±0.0777

February Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0342 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2015: 0.9818) against the same month in 2014 (average: 0.9890), the exchange rate shifted by -0.0072 (-0.73%).

2015 Avg (July) 0.9818

2014 Avg (July) 0.9890

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9234	0.8569	0.8856
February	0.8655	0.8515	0.8597
March	0.8504	0.7966	0.8255
April	0.8646	0.8215	0.8337
May	0.8887	0.8444	0.8651
June	0.8851	0.8521	0.8744
July	1.0140	0.9363	0.9818
August	1.0100	0.9373	0.9673
September	0.9810	0.9534	0.9663
October	1.0006	0.9578	0.9795
November	0.9676	0.9425	0.9535
December	1.0112	0.9661	1.0000