2015 NPR to MKD Historical Review

YEARLY HIGH

0.5826 MKD

YEARLY LOW

0.4973 MKD

YEARLY AVERAGE

0.5405 MKD

2015 NPR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NPR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.5826. Conversely, the yearly low was recorded on January 5, dropping to 0.4973.

This high-to-low spread represents a total annual volatility of 0.0854 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5276 to the December average rate of 0.5315, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5826 was up 15.39% compared to the 2014 peak of 0.5049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,913 MKD

2014 Average 2,374 MKD

Yearly Trough Low 2,486 MKD

Transaction Impact: A difference of 426.79 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5746

0.5117

JanuMarcMayJulySeptNove

NPR 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 0.5484, compared to 0.5326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0159 points.

H1 Avg (Jan–Jun) 0.5484

H2 Avg (Jul–Dec) 0.5326

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0544 MKD (High: 0.5517 / Low: 0.4973). On the other end, November was the most stable month, with a tight range of 0.0128 MKD (High: 0.5462 / Low: 0.5334).

January Spread (Volatile) ±0.0544

November Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0280 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.5689) against the same month in 2014 (average: 0.4563), the exchange rate shifted by +0.1125 (+24.65%).

2015 Avg (March) 0.5689

2014 Avg (March) 0.4563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5517	0.4973	0.5276
February	0.5544	0.5413	0.5461
March	0.5826	0.5548	0.5689
April	0.5783	0.5470	0.5694
May	0.5506	0.5297	0.5413
June	0.5534	0.5305	0.5374
July	0.5572	0.5433	0.5495
August	0.5529	0.5009	0.5315
September	0.5239	0.5099	0.5170
October	0.5409	0.5133	0.5239
November	0.5462	0.5334	0.5420
December	0.5446	0.5224	0.5315