2018 CLP to MKD Historical Review

YEARLY HIGH

0.0851 MKD

YEARLY LOW

0.0762 MKD

YEARLY AVERAGE

0.0814 MKD

2018 CLP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CLP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.0851. Conversely, the yearly low was recorded on September 11, dropping to 0.0762.

This high-to-low spread represents a total annual volatility of 0.0089 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0834 to the December average rate of 0.0790, the exchange rate registered a net change of -5.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0851 was down 6.45% compared to the 2017 peak of 0.0910, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 85,145 MKD

2017 Average 84,175 MKD

Yearly Trough Low 76,198 MKD

Transaction Impact: A difference of 8,947.63 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0842

0.0773

JanuMarcMayJulySeptNove

CLP 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 0.0831, compared to 0.0796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0831

H2 Avg (Jul–Dec) 0.0796

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0050 MKD (High: 0.0827 / Low: 0.0778). On the other end, April was the most stable month, with a tight range of 0.0017 MKD (High: 0.0844 / Low: 0.0827).

August Spread (Volatile) ±0.0050

April Spread (Stable) ±0.0017

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 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0836) against the same month in 2017 (average: 0.0900), the exchange rate shifted by -0.0064 (-7.13%).

2018 Avg (February) 0.0836

2017 Avg (February) 0.0900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0849	0.0818	0.0834
February	0.0851	0.0819	0.0836
March	0.0841	0.0817	0.0826
April	0.0844	0.0827	0.0835
May	0.0849	0.0818	0.0831
June	0.0836	0.0807	0.0826
July	0.0826	0.0795	0.0808
August	0.0827	0.0778	0.0811
September	0.0807	0.0762	0.0779
October	0.0809	0.0777	0.0789
November	0.0813	0.0783	0.0799
December	0.0812	0.0772	0.0790