2018 INR to MKD Historical Review

YEARLY HIGH

0.8110 MKD

YEARLY LOW

0.7170 MKD

YEARLY AVERAGE

0.7634 MKD

2018 INR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the INR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.8110. Conversely, the yearly low was recorded on October 11, dropping to 0.7170.

This high-to-low spread represents a total annual volatility of 0.0940 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7932 to the December average rate of 0.7649, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8110 was down 10.34% compared to the 2017 peak of 0.9045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 202,744 MKD

2017 Average 209,691 MKD

Yearly Trough Low 179,248 MKD

Transaction Impact: A difference of 23,495.71 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7997

0.7214

JanuMarcMayJulySeptNove

INR 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 0.7744, compared to 0.7524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.7744

H2 Avg (Jul–Dec) 0.7524

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0471 MKD (High: 0.7823 / Low: 0.7352). On the other end, March was the most stable month, with a tight range of 0.0067 MKD (High: 0.7705 / Low: 0.7638).

November Spread (Volatile) ±0.0471

March Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0347 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.7932) against the same month in 2017 (average: 0.8501), the exchange rate shifted by -0.0570 (-6.70%).

2018 Avg (January) 0.7932

2017 Avg (January) 0.8501

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8110	0.7781	0.7932
February	0.7836	0.7684	0.7740
March	0.7705	0.7638	0.7677
April	0.7749	0.7543	0.7641
May	0.7865	0.7600	0.7714
June	0.7888	0.7635	0.7761
July	0.7727	0.7618	0.7672
August	0.7812	0.7428	0.7677
September	0.7471	0.7202	0.7330
October	0.7405	0.7170	0.7279
November	0.7823	0.7352	0.7536
December	0.7832	0.7435	0.7649