2015 MKD to NIO Historical Review

YEARLY HIGH

0.5269 NIO

YEARLY LOW

0.4557 NIO

YEARLY AVERAGE

0.4888 NIO

2015 MKD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5269. Conversely, the yearly low was recorded on March 15, dropping to 0.4557.

This high-to-low spread represents a total annual volatility of 0.0712 NIO. From a start-to-finish perspective, comparing the January average rate of 0.5054 to the December average rate of 0.4938, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5269 was down 9.54% compared to the 2014 peak of 0.5825, 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 2,634 NIO

2014 Average 2,802 NIO

Yearly Trough Low 2,278 NIO

Transaction Impact: A difference of 355.98 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5090

0.4661

JanuMarcMayJulySeptNove

MKD to NIO 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 0.4858, compared to 0.4919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.4858

H2 Avg (Jul–Dec) 0.4919

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0377 NIO (High: 0.5269 / Low: 0.4892). On the other end, February was the most stable month, with a tight range of 0.0090 NIO (High: 0.4950 / Low: 0.4860).

January Spread (Volatile) ±0.0377

February Spread (Stable) ±0.0090

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 0.0241 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.5054) against the same month in 2014 (average: 0.5625), the exchange rate shifted by -0.0571 (-10.14%).

2015 Avg (January) 0.5054

2014 Avg (January) 0.5625

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5269	0.4892	0.5054
February	0.4950	0.4860	0.4919
March	0.4861	0.4557	0.4697
April	0.4861	0.4644	0.4706
May	0.5002	0.4767	0.4866
June	0.4977	0.4774	0.4906
July	0.4878	0.4750	0.4827
August	0.5117	0.4826	0.4930
September	0.5081	0.4901	0.5000
October	0.5093	0.4885	0.5028
November	0.4918	0.4717	0.4788
December	0.4986	0.4806	0.4938