2015 MKD to IQD Historical Review

YEARLY HIGH

23.1720 IQD

YEARLY LOW

18.4999 IQD

YEARLY AVERAGE

21.0388 IQD

2015 MKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 23.1720. Conversely, the yearly low was recorded on November 22, dropping to 18.4999.

This high-to-low spread represents a total annual volatility of 4.6721 IQD. From a start-to-finish perspective, comparing the January average rate of 22.2479 to the December average rate of 19.4273, the exchange rate registered a net change of -12.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 23.1720 was down 12.78% compared to the 2014 peak of 26.5666, 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 115,860 IQD

2014 Average 126,505 IQD

Yearly Trough Low 92,499 IQD

Transaction Impact: A difference of 23,360.71 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

22.5424

19.0079

JanuMarcMayJulySeptNove

MKD to IQD 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 21.4638, compared to 20.6139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8499 points.

H1 Avg (Jan–Jun) 21.4638

H2 Avg (Jul–Dec) 20.6139

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 2.7325 IQD (High: 21.2324 / Low: 18.4999). On the other end, February was the most stable month, with a tight range of 0.4536 IQD (High: 22.1045 / Low: 21.6509).

November Spread (Volatile) ±2.7325

February Spread (Stable) ±0.4536

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.1744 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.1744

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 22.2479) against the same month in 2014 (average: 25.8174), the exchange rate shifted by -3.5695 (-13.83%).

2015 Avg (January) 22.2479

2014 Avg (January) 25.8174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.1720	21.1345	22.2479
February	22.1045	21.6509	21.8980
March	21.7104	20.1331	20.7628
April	21.5939	20.4382	20.7988
May	22.1087	20.8855	21.5020
June	21.9402	21.0494	21.5733
July	21.5159	20.7244	21.1503
August	21.5312	20.5872	20.9750
September	21.8941	20.5965	21.3513
October	21.9523	20.3445	21.4768
November	21.2324	18.4999	19.3024
December	19.6900	18.7560	19.4273