2015 RON to MKD Historical Review

YEARLY HIGH

14.0878 MKD

YEARLY LOW

13.3405 MKD

YEARLY AVERAGE

13.8367 MKD

2015 RON to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RON to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 14.0878. Conversely, the yearly low was recorded on January 7, dropping to 13.3405.

This high-to-low spread represents a total annual volatility of 0.7473 MKD. From a start-to-finish perspective, comparing the January average rate of 13.6328 to the December average rate of 13.6518, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 14.0878 was down 0.07% compared to the 2014 peak of 14.0982, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,439 MKD

2014 Average 69,273 MKD

Yearly Trough Low 66,703 MKD

Transaction Impact: A difference of 3,736.70 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

13.9753

13.6017

JanuMarcMayJulySeptNove

RON 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 13.8300, compared to 13.8434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 13.8300

H2 Avg (Jul–Dec) 13.8434

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.5521 MKD (High: 14.0047 / Low: 13.4526). On the other end, November was the most stable month, with a tight range of 0.1206 MKD (High: 13.9041 / Low: 13.7835).

October Spread (Volatile) ±0.5521

November Spread (Stable) ±0.1206

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 November and December, when the average rate fell by 0.1897 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 13.9442) against the same month in 2014 (average: 13.8126), the exchange rate shifted by +0.1316 (+0.95%).

2015 Avg (April) 13.9442

2014 Avg (April) 13.8126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8567	13.3405	13.6328
February	14.0094	13.8086	13.8724
March	13.9777	13.8019	13.8860
April	14.0878	13.8350	13.9442
May	13.9526	13.7972	13.8578
June	13.9122	13.6991	13.7869
July	13.9953	13.7249	13.8696
August	13.9828	13.8299	13.9147
September	14.0023	13.8187	13.9221
October	14.0047	13.4526	13.8607
November	13.9041	13.7835	13.8414
December	13.8014	13.5568	13.6518