2018 ISK to MKD Historical Review

YEARLY HIGH

0.5092 MKD

YEARLY LOW

0.4341 MKD

YEARLY AVERAGE

0.4835 MKD

2018 ISK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.5092. Conversely, the yearly low was recorded on November 27, dropping to 0.4341.

This high-to-low spread represents a total annual volatility of 0.0751 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4914 to the December average rate of 0.4492, the exchange rate registered a net change of -8.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5092 was down 9.04% compared to the 2017 peak of 0.5598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,546 MKD

2017 Average 2,562 MKD

Yearly Trough Low 2,171 MKD

Transaction Impact: A difference of 375.41 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5100

0.4340

JanuMarcMayJulySeptNove

ISK 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 0.4975, compared to 0.4695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0281 points.

H1 Avg (Jan–Jun) 0.4975

H2 Avg (Jul–Dec) 0.4695

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0296 MKD (High: 0.4754 / Low: 0.4458). On the other end, January was the most stable month, with a tight range of 0.0077 MKD (High: 0.4959 / Low: 0.4881).

October Spread (Volatile) ±0.0296

January Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0208 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.5037) against the same month in 2017 (average: 0.5213), the exchange rate shifted by -0.0176 (-3.38%).

2018 Avg (April) 0.5037

2017 Avg (April) 0.5213

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4959	0.4881	0.4914
February	0.4989	0.4909	0.4941
March	0.5081	0.4968	0.5019
April	0.5092	0.4984	0.5037
May	0.5062	0.4971	0.5015
June	0.5048	0.4824	0.4927
July	0.5023	0.4894	0.4949
August	0.5024	0.4923	0.4959
September	0.4928	0.4669	0.4787
October	0.4754	0.4458	0.4579
November	0.4469	0.4341	0.4403
December	0.4631	0.4366	0.4492