2015 MKD to NOK Historical Review

YEARLY HIGH

0.1562 NOK

YEARLY LOW

0.1359 NOK

YEARLY AVERAGE

0.1455 NOK

2015 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1562. Conversely, the yearly low was recorded on April 16, dropping to 0.1359.

This high-to-low spread represents a total annual volatility of 0.0204 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1459 to the December average rate of 0.1539, the exchange rate registered a net change of 5.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1562 was up 3.60% compared to the 2014 peak of 0.1508, 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 781 NOK

2014 Average 679 NOK

Yearly Trough Low 679 NOK

Transaction Impact: A difference of 101.85 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1555

0.1353

JanuMarcMayJulySeptNove

MKD to NOK 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 0.1407, compared to 0.1502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.1407

H2 Avg (Jul–Dec) 0.1502

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0114 NOK (High: 0.1526 / Low: 0.1413). On the other end, May was the most stable month, with a tight range of 0.0028 NOK (High: 0.1388 / Low: 0.1360).

January Spread (Volatile) ±0.0114

May Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0057 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1539) against the same month in 2014 (average: 0.1462), the exchange rate shifted by +0.0077 (+5.25%).

2015 Avg (December) 0.1539

2014 Avg (December) 0.1462

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1526	0.1413	0.1459
February	0.1422	0.1388	0.1401
March	0.1433	0.1389	0.1403
April	0.1417	0.1359	0.1387
May	0.1388	0.1360	0.1370
June	0.1437	0.1404	0.1423
July	0.1475	0.1425	0.1451
August	0.1542	0.1457	0.1492
September	0.1562	0.1491	0.1512
October	0.1549	0.1492	0.1514
November	0.1521	0.1491	0.1506
December	0.1562	0.1492	0.1539