2018 HTG to MKD Historical Review

YEARLY HIGH

0.8215 MKD

YEARLY LOW

0.6947 MKD

YEARLY AVERAGE

0.7731 MKD

2018 HTG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HTG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.8215. Conversely, the yearly low was recorded on December 29, dropping to 0.6947.

This high-to-low spread represents a total annual volatility of 0.1268 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7826 to the December average rate of 0.7115, the exchange rate registered a net change of -9.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8215 was down 7.95% compared to the 2017 peak of 0.8925, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,107 MKD

2017 Average 4,202 MKD

Yearly Trough Low 3,473 MKD

Transaction Impact: A difference of 634.18 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8154

0.7020

JanuMarcMayJulySeptNove

HTG 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 0.7858, compared to 0.7605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0253 points.

H1 Avg (Jan–Jun) 0.7858

H2 Avg (Jul–Dec) 0.7605

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0501 MKD (High: 0.8152 / Low: 0.7650). On the other end, September was the most stable month, with a tight range of 0.0188 MKD (High: 0.7702 / Low: 0.7514).

August Spread (Volatile) ±0.0501

September Spread (Stable) ±0.0188

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0339 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.8059) against the same month in 2017 (average: 0.8099), the exchange rate shifted by -0.0040 (-0.49%).

2018 Avg (May) 0.8059

2017 Avg (May) 0.8099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8043	0.7734	0.7826
February	0.7863	0.7660	0.7777
March	0.7841	0.7646	0.7746
April	0.7896	0.7659	0.7746
May	0.8215	0.7886	0.8059
June	0.8133	0.7867	0.7993
July	0.8088	0.7798	0.7935
August	0.8152	0.7650	0.7926
September	0.7702	0.7514	0.7619
October	0.7673	0.7468	0.7583
November	0.7580	0.7363	0.7453
December	0.7398	0.6947	0.7115