2018 BRL to MKD Historical Review

YEARLY HIGH

15.9534 MKD

YEARLY LOW

12.5397 MKD

YEARLY AVERAGE

14.3473 MKD

2018 BRL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BRL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 15.9534. Conversely, the yearly low was recorded on September 13, dropping to 12.5397.

This high-to-low spread represents a total annual volatility of 3.4138 MKD. From a start-to-finish perspective, comparing the January average rate of 15.7357 to the December average rate of 13.9070, the exchange rate registered a net change of -11.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 15.9534 was down 16.21% compared to the 2017 peak of 19.0393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 398,836 MKD

2017 Average 428,018 MKD

Yearly Trough Low 313,491 MKD

Transaction Impact: A difference of 85,344.39 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

16.0192

12.6171

JanuMarcMayJulySeptNove

BRL 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 14.8884, compared to 13.8063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0821 points.

H1 Avg (Jan–Jun) 14.8884

H2 Avg (Jul–Dec) 13.8063

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.6528 MKD (High: 14.3737 / Low: 12.7209). On the other end, December was the most stable month, with a tight range of 0.3608 MKD (High: 14.1079 / Low: 13.7471).

August Spread (Volatile) ±1.6528

December Spread (Stable) ±0.3608

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.7317 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 15.7357) against the same month in 2017 (average: 18.1057), the exchange rate shifted by -2.3700 (-13.09%).

2018 Avg (January) 15.7357

2017 Avg (January) 18.1057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.9534	15.4651	15.7357
February	15.5578	15.1457	15.3610
March	15.4493	14.9174	15.2264
April	15.1198	14.4885	14.7284
May	14.5869	13.9678	14.3478
June	14.1810	13.3794	13.9311
July	14.2358	13.4150	13.7990
August	14.3737	12.7209	13.6322
September	13.1863	12.5397	12.9006
October	14.8667	13.2377	14.2682
November	14.5828	13.7604	14.3305
December	14.1079	13.7471	13.9070