2015 MKD to PHP Historical Review

YEARLY HIGH

0.8907 PHP

YEARLY LOW

0.7553 PHP

YEARLY AVERAGE

0.8216 PHP

2015 MKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.8907. Conversely, the yearly low was recorded on March 15, dropping to 0.7553.

This high-to-low spread represents a total annual volatility of 0.1354 PHP. From a start-to-finish perspective, comparing the January average rate of 0.8481 to the December average rate of 0.8362, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.8907 was down 12.08% compared to the 2014 peak of 1.0130, 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 4,453 PHP

2014 Average 4,790 PHP

Yearly Trough Low 3,776 PHP

Transaction Impact: A difference of 677.02 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.8608

0.7719

JanuMarcMayJulySeptNove

MKD to PHP 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 0.8091, compared to 0.8341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 0.8091

H2 Avg (Jul–Dec) 0.8341

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0791 PHP (High: 0.8907 / Low: 0.8115). On the other end, September was the most stable month, with a tight range of 0.0172 PHP (High: 0.8615 / Low: 0.8443).

January Spread (Volatile) ±0.0791

September Spread (Stable) ±0.0172

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 February and March, when the average rate fell by 0.0334 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.8481) against the same month in 2014 (average: 0.9954), the exchange rate shifted by -0.1473 (-14.80%).

2015 Avg (January) 0.8481

2014 Avg (January) 0.9954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8907	0.8115	0.8481
February	0.8215	0.8030	0.8156
March	0.8026	0.7553	0.7822
April	0.8087	0.7707	0.7793
May	0.8262	0.7923	0.8086
June	0.8308	0.7894	0.8209
July	0.8172	0.7980	0.8093
August	0.8774	0.8086	0.8369
September	0.8615	0.8443	0.8534
October	0.8603	0.8334	0.8481
November	0.8373	0.8099	0.8207
December	0.8474	0.8132	0.8362