2015 NGN to MKD Historical Review

YEARLY HIGH

0.2939 MKD

YEARLY LOW

0.2639 MKD

YEARLY AVERAGE

0.2801 MKD

2015 NGN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.2939. Conversely, the yearly low was recorded on February 15, dropping to 0.2639.

This high-to-low spread represents a total annual volatility of 0.0300 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2828 to the December average rate of 0.2837, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2939 was down 1.76% compared to the 2014 peak of 0.2992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 293,922 MKD

2014 Average 281,095 MKD

Yearly Trough Low 263,917 MKD

Transaction Impact: A difference of 30,004.26 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2898

0.2720

JanuMarcMayJulySeptNove

NGN 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 0.2801, compared to 0.2801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.2801

H2 Avg (Jul–Dec) 0.2801

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0227 MKD (High: 0.2867 / Low: 0.2639). On the other end, September was the most stable month, with a tight range of 0.0061 MKD (High: 0.2788 / Low: 0.2726).

February Spread (Volatile) ±0.0227

September Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0093 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.2852) against the same month in 2014 (average: 0.2707), the exchange rate shifted by +0.0145 (+5.37%).

2015 Avg (March) 0.2852

2014 Avg (March) 0.2707

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2894	0.2748	0.2828
February	0.2867	0.2639	0.2735
March	0.2939	0.2712	0.2852
April	0.2906	0.2768	0.2862
May	0.2844	0.2706	0.2772
June	0.2838	0.2726	0.2759
July	0.2852	0.2779	0.2812
August	0.2838	0.2679	0.2778
September	0.2788	0.2726	0.2752
October	0.2822	0.2712	0.2745
November	0.2924	0.2809	0.2883
December	0.2914	0.2811	0.2837