2015 MKD to RUB Historical Review

YEARLY HIGH

1.3236 RUB

YEARLY LOW

0.8696 RUB

YEARLY AVERAGE

1.1058 RUB

2015 MKD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 1.3236. Conversely, the yearly low was recorded on April 15, dropping to 0.8696.

This high-to-low spread represents a total annual volatility of 0.4540 RUB. From a start-to-finish perspective, comparing the January average rate of 1.2178 to the December average rate of 1.2410, the exchange rate registered a net change of 1.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.3236 was down 4.78% compared to the 2014 peak of 1.3900, 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 6,618 RUB

2014 Average 4,139 RUB

Yearly Trough Low 4,348 RUB

Transaction Impact: A difference of 2,269.94 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.2731

0.8874

JanuMarcMayJulySeptNove

MKD to RUB 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 1.0514, compared to 1.1602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1088 points.

H1 Avg (Jan–Jun) 1.0514

H2 Avg (Jul–Dec) 1.1602

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.2275 RUB (High: 1.3236 / Low: 1.0961). On the other end, November was the most stable month, with a tight range of 0.0517 RUB (High: 1.1678 / Low: 1.1161).

August Spread (Volatile) ±0.2275

November Spread (Stable) ±0.0517

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1286 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 1.1846) against the same month in 2014 (average: 0.7845), the exchange rate shifted by +0.4001 (+51.01%).

2015 Avg (August) 1.1846

2014 Avg (August) 0.7845

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2824	1.1609	1.2178
February	1.2872	1.1205	1.1862
March	1.1331	1.0133	1.0576
April	1.0087	0.8696	0.9303
May	0.9448	0.8909	0.9196
June	1.0241	0.9453	0.9971
July	1.0910	0.9995	1.0246
August	1.3236	1.0961	1.1846
September	1.2487	1.1898	1.2213
October	1.2097	1.1273	1.1546
November	1.1678	1.1161	1.1354
December	1.3024	1.1516	1.2410