2018 IQD to MKD Historical Review

YEARLY HIGH

0.0458 MKD

YEARLY LOW

0.0414 MKD

YEARLY AVERAGE

0.0438 MKD

2018 IQD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the IQD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0458. Conversely, the yearly low was recorded on February 1, dropping to 0.0414.

This high-to-low spread represents a total annual volatility of 0.0044 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0425 to the December average rate of 0.0454, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0458 was down 8.55% compared to the 2017 peak of 0.0501, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 229 MKD

2017 Average 233 MKD

Yearly Trough Low 207 MKD

Transaction Impact: A difference of 21.90 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0458

0.0417

JanuMarcMayJulySeptNove

IQD 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 0.0428, compared to 0.0449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0428

H2 Avg (Jul–Dec) 0.0449

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0021 MKD (High: 0.0448 / Low: 0.0427). On the other end, July was the most stable month, with a tight range of 0.0004 MKD (High: 0.0444 / Low: 0.0440).

May Spread (Volatile) ±0.0021

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and August, 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 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0454) against the same month in 2017 (average: 0.0449), the exchange rate shifted by +0.0005 (+1.13%).

2018 Avg (November) 0.0454

2017 Avg (November) 0.0449

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0433	0.0417	0.0425
February	0.0427	0.0414	0.0421
March	0.0425	0.0416	0.0421
April	0.0428	0.0418	0.0422
May	0.0448	0.0427	0.0438
June	0.0447	0.0437	0.0442
July	0.0444	0.0440	0.0442
August	0.0455	0.0440	0.0448
September	0.0446	0.0438	0.0443
October	0.0456	0.0446	0.0450
November	0.0458	0.0451	0.0454
December	0.0458	0.0451	0.0454