2015 MRO to MKD Historical Review

YEARLY HIGH

0.2016 MKD

YEARLY LOW

0.1676 MKD

YEARLY AVERAGE

0.1795 MKD

2015 MRO to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MRO to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.2016. Conversely, the yearly low was recorded on June 18, dropping to 0.1676.

This high-to-low spread represents a total annual volatility of 0.0340 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1806 to the December average rate of 0.1853, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2016 was up 16.30% compared to the 2014 peak of 0.1733, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MRO based on timing:

Yearly Peak High 1,008 MKD

2014 Average 794 MKD

Yearly Trough Low 838 MKD

Transaction Impact: A difference of 169.87 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1933

0.1695

JanuMarcMayJulySeptNove

MRO to MKD 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 0.1812, compared to 0.1778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.1812

H2 Avg (Jul–Dec) 0.1778

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0232 MKD (High: 0.2016 / Low: 0.1784). On the other end, February was the most stable month, with a tight range of 0.0040 MKD (High: 0.1884 / Low: 0.1845).

March Spread (Volatile) ±0.0232

February Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between June and October, 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 March and April, when the average rate fell by 0.0097 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.1914) against the same month in 2014 (average: 0.1525), the exchange rate shifted by +0.0389 (+25.49%).

2015 Avg (March) 0.1914

2014 Avg (March) 0.1525

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1872	0.1726	0.1806
February	0.1884	0.1845	0.1859
March	0.2016	0.1784	0.1914
April	0.1853	0.1787	0.1816
May	0.1804	0.1705	0.1761
June	0.1804	0.1676	0.1715
July	0.1748	0.1690	0.1718
August	0.1747	0.1680	0.1722
September	0.1884	0.1708	0.1762
October	0.1895	0.1706	0.1828
November	0.1844	0.1681	0.1782
December	0.1913	0.1811	0.1853