2018 CZK to MKD Historical Review

YEARLY HIGH

2.4425 MKD

YEARLY LOW

2.3382 MKD

YEARLY AVERAGE

2.4006 MKD

2018 CZK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CZK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.4425. Conversely, the yearly low was recorded on June 14, dropping to 2.3382.

This high-to-low spread represents a total annual volatility of 0.1043 MKD. From a start-to-finish perspective, comparing the January average rate of 2.4209 to the December average rate of 2.3820, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4425 was up 0.88% compared to the 2017 peak of 2.4211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,212 MKD

2017 Average 11,706 MKD

Yearly Trough Low 11,691 MKD

Transaction Impact: A difference of 521.34 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4374

2.3663

JanuMarcMayJulySeptNove

CZK 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 2.4142, compared to 2.3870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0272 points.

H1 Avg (Jan–Jun) 2.4142

H2 Avg (Jul–Dec) 2.3870

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0654 MKD (High: 2.4036 / Low: 2.3382). On the other end, August was the most stable month, with a tight range of 0.0171 MKD (High: 2.4063 / Low: 2.3892).

June Spread (Volatile) ±0.0654

August Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between June and September, 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 0.0246 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.4315) against the same month in 2017 (average: 2.2795), the exchange rate shifted by +0.1520 (+6.67%).

2018 Avg (February) 2.4315

2017 Avg (February) 2.2795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4369	2.3962	2.4209
February	2.4425	2.4215	2.4315
March	2.4335	2.4152	2.4224
April	2.4372	2.4066	2.4270
May	2.4172	2.3733	2.4024
June	2.4036	2.3382	2.3808
July	2.4075	2.3572	2.3839
August	2.4063	2.3892	2.3971
September	2.4212	2.3892	2.4024
October	2.3922	2.3694	2.3843
November	2.3935	2.3589	2.3722
December	2.3997	2.3631	2.3820