2015 PGK to MKD Historical Review

YEARLY HIGH

22.1508 MKD

YEARLY LOW

18.5901 MKD

YEARLY AVERAGE

20.0712 MKD

2015 PGK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the PGK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 22.1508. Conversely, the yearly low was recorded on October 24, dropping to 18.5901.

This high-to-low spread represents a total annual volatility of 3.5606 MKD. From a start-to-finish perspective, comparing the January average rate of 20.2299 to the December average rate of 18.9133, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 22.1508 was up 12.19% compared to the 2014 peak of 19.7443, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110,754 MKD

2014 Average 90,505 MKD

Yearly Trough Low 92,951 MKD

Transaction Impact: A difference of 17,803.23 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

21.7355

18.6141

JanuMarcMayJulySeptNove

PGK 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 20.6801, compared to 19.4622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2179 points.

H1 Avg (Jan–Jun) 20.6801

H2 Avg (Jul–Dec) 19.4622

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 1.4613 MKD (High: 20.4269 / Low: 18.9656). On the other end, February was the most stable month, with a tight range of 0.4121 MKD (High: 20.7835 / Low: 20.3714).

August Spread (Volatile) ±1.4613

February Spread (Stable) ±0.4121

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.8583 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 21.4753) against the same month in 2014 (average: 17.0518), the exchange rate shifted by +4.4235 (+25.94%).

2015 Avg (March) 21.4753

2014 Avg (March) 17.0518

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.8260	19.4087	20.2299
February	20.7835	20.3714	20.5771
March	22.1508	20.7252	21.4753
April	21.6239	20.4795	21.2706
May	20.8293	19.8703	20.4124
June	20.8092	19.8531	20.1154
July	20.5359	20.0466	20.2804
August	20.4269	18.9656	19.9136
September	19.7685	18.9706	19.3370
October	19.3096	18.5901	18.8743
November	19.6980	19.0410	19.4549
December	19.5787	18.6821	18.9133