2018 EGP to MKD Historical Review

YEARLY HIGH

3.0520 MKD

YEARLY LOW

2.7889 MKD

YEARLY AVERAGE

2.9289 MKD

2018 EGP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EGP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 3.0520. Conversely, the yearly low was recorded on February 15, dropping to 2.7889.

This high-to-low spread represents a total annual volatility of 0.2630 MKD. From a start-to-finish perspective, comparing the January average rate of 2.8517 to the December average rate of 3.0208, the exchange rate registered a net change of 5.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.0520 was down 17.73% compared to the 2017 peak of 3.7097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,260 MKD

2017 Average 15,325 MKD

Yearly Trough Low 13,945 MKD

Transaction Impact: A difference of 1,315.14 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.0445

2.8029

JanuMarcMayJulySeptNove

EGP 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 2.8699, compared to 2.9878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1179 points.

H1 Avg (Jan–Jun) 2.8699

H2 Avg (Jul–Dec) 2.9878

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1175 MKD (High: 2.9207 / Low: 2.8032). On the other end, July was the most stable month, with a tight range of 0.0433 MKD (High: 2.9663 / Low: 2.9230).

January Spread (Volatile) ±0.1175

July Spread (Stable) ±0.0433

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 August and September, when the average rate fell by 0.0313 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 3.0208) against the same month in 2017 (average: 2.9185), the exchange rate shifted by +0.1023 (+3.51%).

2018 Avg (December) 3.0208

2017 Avg (December) 2.9185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9207	2.8032	2.8517
February	2.8601	2.7889	2.8230
March	2.8519	2.7994	2.8326
April	2.8877	2.8093	2.8398
May	2.9778	2.8685	2.9276
June	2.9776	2.9121	2.9448
July	2.9663	2.9230	2.9457
August	3.0339	2.9403	2.9867
September	2.9826	2.9195	2.9554
October	3.0360	2.9619	2.9937
November	3.0503	2.9978	3.0244
December	3.0520	3.0009	3.0208