2015 MKD to VEF Historical Review

YEARLY HIGH

0.1249 VEF

YEARLY LOW

0.1075 VEF

YEARLY AVERAGE

0.1141 VEF

2015 MKD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MKD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1249. Conversely, the yearly low was recorded on March 15, dropping to 0.1075.

This high-to-low spread represents a total annual volatility of 0.0174 VEF. From a start-to-finish perspective, comparing the January average rate of 0.1201 to the December average rate of 0.1120, the exchange rate registered a net change of -6.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1249 was down 12.19% compared to the 2014 peak of 0.1423, 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 625 VEF

2014 Average 679 VEF

Yearly Trough Low 538 VEF

Transaction Impact: A difference of 86.96 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1211

0.1092

JanuMarcMayJulySeptNove

MKD to VEF 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 0.1147, compared to 0.1134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1147

H2 Avg (Jul–Dec) 0.1134

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0088 VEF (High: 0.1249 / Low: 0.1161). On the other end, February was the most stable month, with a tight range of 0.0021 VEF (High: 0.1173 / Low: 0.1152).

January Spread (Volatile) ±0.0088

February Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.1201) against the same month in 2014 (average: 0.1393), the exchange rate shifted by -0.0191 (-13.75%).

2015 Avg (January) 0.1201

2014 Avg (January) 0.1393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1249	0.1161	0.1201
February	0.1173	0.1152	0.1165
March	0.1149	0.1075	0.1110
April	0.1147	0.1094	0.1110
May	0.1174	0.1119	0.1146
June	0.1165	0.1119	0.1151
July	0.1144	0.1113	0.1130
August	0.1186	0.1119	0.1144
September	0.1164	0.1139	0.1154
October	0.1170	0.1125	0.1157
November	0.1130	0.1085	0.1102
December	0.1129	0.1089	0.1120