2015 MKD to ISK Historical Review

YEARLY HIGH

2.5698 ISK

YEARLY LOW

2.2735 ISK

YEARLY AVERAGE

2.3795 ISK

2015 MKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 2.5698. Conversely, the yearly low was recorded on December 14, dropping to 2.2735.

This high-to-low spread represents a total annual volatility of 0.2963 ISK. From a start-to-finish perspective, comparing the January average rate of 2.4992 to the December average rate of 2.2961, the exchange rate registered a net change of -8.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.5698 was down 0.57% compared to the 2014 peak of 2.5844, 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 12,849 ISK

2014 Average 12,573 ISK

Yearly Trough Low 11,367 ISK

Transaction Impact: A difference of 1,481.36 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.5205

2.2654

JanuMarcMayJulySeptNove

MKD to ISK 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 2.4232, compared to 2.3359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0872 points.

H1 Avg (Jan–Jun) 2.4232

H2 Avg (Jul–Dec) 2.3359

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1168 ISK (High: 2.5698 / Low: 2.4530). On the other end, November was the most stable month, with a tight range of 0.0112 ISK (High: 2.2925 / Low: 2.2813).

January Spread (Volatile) ±0.1168

November Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0629 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 2.4992) against the same month in 2014 (average: 2.5624), the exchange rate shifted by -0.0631 (-2.46%).

2015 Avg (January) 2.4992

2014 Avg (January) 2.5624

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5698	2.4530	2.4992
February	2.4537	2.4230	2.4363
March	2.4298	2.3835	2.4059
April	2.4067	2.3672	2.3890
May	2.4284	2.3680	2.4002
June	2.4257	2.3863	2.4082
July	2.4024	2.3842	2.3944
August	2.4046	2.3611	2.3857
September	2.3534	2.3160	2.3371
October	2.3767	2.2978	2.3157
November	2.2925	2.2813	2.2867
December	2.3062	2.2735	2.2961