2018 CUC to MKD Historical Review

YEARLY HIGH

54.6222 MKD

YEARLY LOW

49.2200 MKD

YEARLY AVERAGE

52.1606 MKD

2018 CUC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CUC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 54.6222. Conversely, the yearly low was recorded on February 1, dropping to 49.2200.

This high-to-low spread represents a total annual volatility of 5.4022 MKD. From a start-to-finish perspective, comparing the January average rate of 50.4805 to the December average rate of 54.1047, the exchange rate registered a net change of 7.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 54.6222 was down 7.58% compared to the 2017 peak of 59.1025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 273,111 MKD

2017 Average 273,078 MKD

Yearly Trough Low 246,100 MKD

Transaction Impact: A difference of 27,010.86 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

54.5469

49.4612

JanuMarcMayJulySeptNove

CUC 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 50.8615, compared to 53.4597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5982 points.

H1 Avg (Jan–Jun) 50.8615

H2 Avg (Jul–Dec) 53.4597

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2.3318 MKD (High: 53.3510 / Low: 51.0192). On the other end, July was the most stable month, with a tight range of 0.5183 MKD (High: 52.8933 / Low: 52.3750).

May Spread (Volatile) ±2.3318

July Spread (Stable) ±0.5183

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5955 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.5955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 54.1231) against the same month in 2017 (average: 52.4354), the exchange rate shifted by +1.6876 (+3.22%).

2018 Avg (November) 54.1231

2017 Avg (November) 52.4354

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.6150	49.5723	50.4805
February	50.5050	49.2200	49.8850
March	50.2715	49.4233	49.9276
April	50.9801	49.7275	50.1786
May	53.3510	51.0192	52.0920
June	53.2550	52.0456	52.6051
July	52.8933	52.3750	52.6863
August	54.2946	52.5900	53.3825
September	53.2951	52.2919	52.8593
October	54.3794	53.0846	53.6022
November	54.6222	53.6931	54.1231
December	54.5479	53.7154	54.1047