2015 MKD to IRR Historical Review

YEARLY HIGH

560.3675 IRR

YEARLY LOW

474.2793 IRR

YEARLY AVERAGE

522.4575 IRR

2015 MKD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 560.3675. Conversely, the yearly low was recorded on March 15, dropping to 474.2793.

This high-to-low spread represents a total annual volatility of 86.0881 IRR. From a start-to-finish perspective, comparing the January average rate of 518.4478 to the December average rate of 531.3568, the exchange rate registered a net change of 2.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 560.3675 was down 2.79% compared to the 2014 peak of 576.4698, 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 2,801,837 IRR

2014 Average 2,785,288 IRR

Yearly Trough Low 2,371,397 IRR

Transaction Impact: A difference of 430,440.68 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

554.3203

483.7393

JanuMarcMayJulySeptNove

MKD to IRR 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 509.1657, compared to 535.7492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.5834 points.

H1 Avg (Jan–Jun) 509.1657

H2 Avg (Jul–Dec) 535.7492

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 35.2767 IRR (High: 560.3675 / Low: 525.0907). On the other end, February was the most stable month, with a tight range of 6.8514 IRR (High: 511.3760 / Low: 504.5246).

August Spread (Volatile) ±35.2767

February Spread (Stable) ±6.8514

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 26.1428 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -26.1428

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 538.7612) against the same month in 2014 (average: 571.4803), the exchange rate shifted by -32.7191 (-5.73%).

2015 Avg (August) 538.7612

2014 Avg (August) 571.4803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	537.0653	504.4728	518.4478
February	511.3760	504.5246	508.7063
March	504.6990	474.2793	489.6211
April	512.8236	487.1096	494.1182
May	526.8658	504.6337	514.6596
June	537.1110	510.1927	529.4415
July	533.3471	520.9073	526.9536
August	560.3675	525.0907	538.7612
September	551.9206	539.9639	546.6892
October	555.0442	533.3815	548.4386
November	535.8690	515.3183	522.2958
December	535.9507	516.9769	531.3568