2015 QAR to MKD Historical Review

YEARLY HIGH

16.1226 MKD

YEARLY LOW

13.8958 MKD

YEARLY AVERAGE

15.2242 MKD

2015 QAR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the QAR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 16.1226. Conversely, the yearly low was recorded on January 3, dropping to 13.8958.

This high-to-low spread represents a total annual volatility of 2.2268 MKD. From a start-to-finish perspective, comparing the January average rate of 14.4476 to the December average rate of 15.5035, the exchange rate registered a net change of 7.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 16.1226 was up 16.05% compared to the 2014 peak of 13.8927, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80,613 MKD

2014 Average 63,734 MKD

Yearly Trough Low 69,479 MKD

Transaction Impact: A difference of 11,134.12 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

15.8868

14.3168

JanuMarcMayJulySeptNove

QAR 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 15.1387, compared to 15.3097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1709 points.

H1 Avg (Jan–Jun) 15.1387

H2 Avg (Jul–Dec) 15.3097

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 1.0315 MKD (High: 16.1226 / Low: 15.0911). On the other end, February was the most stable month, with a tight range of 0.2879 MKD (High: 15.0789 / Low: 14.7911).

March Spread (Volatile) ±1.0315

February Spread (Stable) ±0.2879

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 0.4906 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4906

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 15.6281) against the same month in 2014 (average: 12.2468), the exchange rate shifted by +3.3813 (+27.61%).

2015 Avg (March) 15.6281

2014 Avg (March) 12.2468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.9237	13.8958	14.4476
February	15.0789	14.7911	14.8873
March	16.1226	15.0911	15.6281
April	15.8690	15.1275	15.6438
May	15.5160	14.7750	15.1532
June	15.5056	14.8974	15.0723
July	15.5866	15.1627	15.3651
August	15.5046	14.6412	15.1789
September	15.2378	14.8939	15.0454
October	15.4317	14.8291	15.0092
November	15.9841	15.3635	15.7560
December	15.9429	15.3700	15.5035