2015 CDF to MKD Historical Review

YEARLY HIGH

0.0632 MKD

YEARLY LOW

0.0545 MKD

YEARLY AVERAGE

0.0598 MKD

2015 CDF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CDF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.0632. Conversely, the yearly low was recorded on January 7, dropping to 0.0545.

This high-to-low spread represents a total annual volatility of 0.0088 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0568 to the December average rate of 0.0609, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0632 was up 15.37% compared to the 2014 peak of 0.0548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 316 MKD

2014 Average 251 MKD

Yearly Trough Low 272 MKD

Transaction Impact: A difference of 43.78 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0624

0.0563

JanuMarcMayJulySeptNove

CDF 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 0.0595, compared to 0.0602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0595

H2 Avg (Jul–Dec) 0.0602

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0043 MKD (High: 0.0588 / Low: 0.0545). On the other end, September was the most stable month, with a tight range of 0.0014 MKD (High: 0.0599 / Low: 0.0585).

January Spread (Volatile) ±0.0043

September Spread (Stable) ±0.0014

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 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.0615) against the same month in 2014 (average: 0.0483), the exchange rate shifted by +0.0131 (+27.16%).

2015 Avg (March) 0.0615

2014 Avg (March) 0.0483

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0588	0.0545	0.0568
February	0.0597	0.0580	0.0585
March	0.0632	0.0593	0.0615
April	0.0623	0.0595	0.0615
May	0.0612	0.0581	0.0597
June	0.0611	0.0584	0.0593
July	0.0613	0.0595	0.0604
August	0.0613	0.0575	0.0597
September	0.0599	0.0585	0.0591
October	0.0606	0.0582	0.0589
November	0.0628	0.0602	0.0619
December	0.0625	0.0604	0.0609

2015 CDF నుండి MKD చారిత్రక సమీక్ష