2015 VUV to MKD Historical Review

YEARLY HIGH

0.5521 MKD

YEARLY LOW

0.4793 MKD

YEARLY AVERAGE

0.5129 MKD

2015 VUV to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VUV to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.5521. Conversely, the yearly low was recorded on September 14, dropping to 0.4793.

This high-to-low spread represents a total annual volatility of 0.0728 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5075 to the December average rate of 0.5051, the exchange rate registered a net change of -0.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5521 was up 9.71% compared to the 2014 peak of 0.5032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,760 MKD

2014 Average 2,408 MKD

Yearly Trough Low 2,396 MKD

Transaction Impact: A difference of 364.00 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5449

0.4826

JanuMarcMayJulySeptNove

VUV 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 0.5228, compared to 0.5031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0197 points.

H1 Avg (Jan–Jun) 0.5228

H2 Avg (Jul–Dec) 0.5031

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0324 MKD (High: 0.5499 / Low: 0.5175). On the other end, February was the most stable month, with a tight range of 0.0093 MKD (High: 0.5174 / Low: 0.5081).

March Spread (Volatile) ±0.0324

February Spread (Stable) ±0.0093

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 0.0148 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 0.5397) against the same month in 2014 (average: 0.4737), the exchange rate shifted by +0.0661 (+13.94%).

2015 Avg (April) 0.5397

2014 Avg (April) 0.4737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5208	0.4895	0.5075
February	0.5174	0.5081	0.5116
March	0.5499	0.5175	0.5349
April	0.5521	0.5207	0.5397
May	0.5416	0.5144	0.5249
June	0.5292	0.5107	0.5182
July	0.5226	0.5091	0.5179
August	0.5181	0.4861	0.5058
September	0.5083	0.4793	0.4914
October	0.5035	0.4810	0.4878
November	0.5188	0.5025	0.5105
December	0.5189	0.5012	0.5051