2018 GMD to MKD Historical Review

YEARLY HIGH

1.1313 MKD

YEARLY LOW

1.0186 MKD

YEARLY AVERAGE

1.0846 MKD

2018 GMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 1.1313. Conversely, the yearly low was recorded on January 28, dropping to 1.0186.

This high-to-low spread represents a total annual volatility of 0.1128 MKD. From a start-to-finish perspective, comparing the January average rate of 1.0519 to the December average rate of 1.0938, the exchange rate registered a net change of 3.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1313 was down 17.69% compared to the 2017 peak of 1.3745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,657 MKD

2017 Average 5,970 MKD

Yearly Trough Low 5,093 MKD

Transaction Impact: A difference of 563.76 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1210

1.0456

JanuMarcMayJulySeptNove

GMD 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 1.0738, compared to 1.0955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 1.0738

H2 Avg (Jul–Dec) 1.0955

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0644 MKD (High: 1.0830 / Low: 1.0186). On the other end, December was the most stable month, with a tight range of 0.0158 MKD (High: 1.1021 / Low: 1.0863).

January Spread (Volatile) ±0.0644

December Spread (Stable) ±0.0158

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0206 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 1.1044) against the same month in 2017 (average: 1.2077), the exchange rate shifted by -0.1033 (-8.55%).

2018 Avg (May) 1.1044

2017 Avg (May) 1.2077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0830	1.0186	1.0519
February	1.0696	1.0271	1.0538
March	1.0630	1.0431	1.0553
April	1.0814	1.0538	1.0626
May	1.1313	1.0814	1.1044
June	1.1298	1.1032	1.1147
July	1.1204	1.0930	1.1045
August	1.1276	1.0951	1.1097
September	1.1095	1.0662	1.0891
October	1.0997	1.0732	1.0833
November	1.1020	1.0855	1.0923
December	1.1021	1.0863	1.0938