2018 BAM to MKD Historical Review

YEARLY HIGH

32.3639 MKD

YEARLY LOW

30.8373 MKD

YEARLY AVERAGE

31.5065 MKD

2018 BAM to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BAM to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 32.3639. Conversely, the yearly low was recorded on June 17, dropping to 30.8373.

This high-to-low spread represents a total annual volatility of 1.5266 MKD. From a start-to-finish perspective, comparing the January average rate of 31.4552 to the December average rate of 31.4852, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 32.3639 was up 0.92% compared to the 2017 peak of 32.0676, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161,819 MKD

2017 Average 157,441 MKD

Yearly Trough Low 154,186 MKD

Transaction Impact: A difference of 7,632.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

31.6149

31.3836

JanuMarcMayJulySeptNove

BAM 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 31.4801, compared to 31.5329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0528 points.

H1 Avg (Jan–Jun) 31.4801

H2 Avg (Jul–Dec) 31.5329

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 1.0945 MKD (High: 32.3639 / Low: 31.2694). On the other end, December was the most stable month, with a tight range of 0.2563 MKD (High: 31.6146 / Low: 31.3584).

November Spread (Volatile) ±1.0945

December Spread (Stable) ±0.2563

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1082 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 31.5437) against the same month in 2017 (average: 31.4652), the exchange rate shifted by +0.0785 (+0.25%).

2018 Avg (November) 31.5437

2017 Avg (November) 31.4652

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.5974	31.1506	31.4552
February	31.7074	31.2113	31.5047
March	31.6903	31.2557	31.4768
April	31.8393	31.3946	31.5299
May	31.7014	31.3706	31.5111
June	31.6704	30.8373	31.4029
July	32.2382	31.3182	31.5551
August	31.9833	31.2693	31.5257
September	32.3501	31.3258	31.5956
October	32.0217	31.3199	31.4919
November	32.3639	31.2694	31.5437
December	31.6146	31.3584	31.4852