2015 MKD to RWF Historical Review

YEARLY HIGH

13.7872 RWF

YEARLY LOW

11.9013 RWF

YEARLY AVERAGE

12.8538 RWF

2015 MKD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 13.7872. Conversely, the yearly low was recorded on March 16, dropping to 11.9013.

This high-to-low spread represents a total annual volatility of 1.8859 RWF. From a start-to-finish perspective, comparing the January average rate of 13.1500 to the December average rate of 13.2185, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 13.7872 was down 10.44% compared to the 2014 peak of 15.3947, 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 68,936 RWF

2014 Average 73,878 RWF

Yearly Trough Low 59,506 RWF

Transaction Impact: A difference of 9,429.56 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

13.4868

12.0427

JanuMarcMayJulySeptNove

MKD to RWF 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 12.6121, compared to 13.0955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4834 points.

H1 Avg (Jan–Jun) 12.6121

H2 Avg (Jul–Dec) 13.0955

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 1.2178 RWF (High: 13.4504 / Low: 12.2326). On the other end, February was the most stable month, with a tight range of 0.2645 RWF (High: 12.8354 / Low: 12.5709).

June Spread (Volatile) ±1.2178

February Spread (Stable) ±0.2645

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5185 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.5185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 13.3664) against the same month in 2014 (average: 14.2039), the exchange rate shifted by -0.8374 (-5.90%).

2015 Avg (October) 13.3664

2014 Avg (October) 14.2039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.6928	12.6949	13.1500
February	12.8354	12.5709	12.7335
March	12.5428	11.9013	12.2149
April	12.5584	11.9921	12.1630
May	12.8612	12.1985	12.5342
June	13.4504	12.2326	12.8769
July	13.1254	12.6119	12.9090
August	13.4980	12.6033	13.0138
September	13.4514	12.8140	13.0813
October	13.7872	12.9864	13.3664
November	13.3338	12.8033	12.9836
December	13.3727	12.8450	13.2185