2018 JMD to MKD Historical Review

YEARLY HIGH

0.4320 MKD

YEARLY LOW

0.3841 MKD

YEARLY AVERAGE

0.4049 MKD

2018 JMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.4320. Conversely, the yearly low was recorded on September 20, dropping to 0.3841.

This high-to-low spread represents a total annual volatility of 0.0479 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4065 to the December average rate of 0.4232, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4320 was down 5.94% compared to the 2017 peak of 0.4593, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,160 MKD

2017 Average 2,128 MKD

Yearly Trough Low 1,921 MKD

Transaction Impact: A difference of 239.49 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4317

0.3840

JanuMarcMayJulySeptNove

JMD 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 0.4030, compared to 0.4068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.4030

H2 Avg (Jul–Dec) 0.4068

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0268 MKD (High: 0.4232 / Low: 0.3964). On the other end, March was the most stable month, with a tight range of 0.0094 MKD (High: 0.3979 / Low: 0.3885).

October Spread (Volatile) ±0.0268

March Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0096 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.4278) against the same month in 2017 (average: 0.4153), the exchange rate shifted by +0.0124 (+3.00%).

2018 Avg (November) 0.4278

2017 Avg (November) 0.4153

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4172	0.3983	0.4065
February	0.4016	0.3912	0.3968
March	0.3979	0.3885	0.3925
April	0.4089	0.3972	0.4021
May	0.4231	0.4083	0.4148
June	0.4157	0.3971	0.4056
July	0.4089	0.3945	0.4023
August	0.4000	0.3845	0.3937
September	0.3943	0.3841	0.3880
October	0.4232	0.3964	0.4057
November	0.4320	0.4202	0.4278
December	0.4304	0.4179	0.4232