2018 MGA to MKD Historical Review

YEARLY HIGH

0.0164 MKD

YEARLY LOW

0.0148 MKD

YEARLY AVERAGE

0.0156 MKD

2018 MGA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.0164. Conversely, the yearly low was recorded on November 19, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0016 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0156 to the December average rate of 0.0152, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0164 was down 14.14% compared to the 2017 peak of 0.0191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82 MKD

2017 Average 87 MKD

Yearly Trough Low 74 MKD

Transaction Impact: A difference of 8.09 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0162

0.0149

JanuMarcMayJulySeptNove

MGA 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 0.0157, compared to 0.0155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0157

H2 Avg (Jul–Dec) 0.0155

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0009 MKD (High: 0.0162 / Low: 0.0153). On the other end, April was the most stable month, with a tight range of 0.0004 MKD (High: 0.0159 / Low: 0.0154).

February Spread (Volatile) ±0.0009

April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, 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 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0161) against the same month in 2017 (average: 0.0176), the exchange rate shifted by -0.0015 (-8.32%).

2018 Avg (August) 0.0161

2017 Avg (August) 0.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0159	0.0154	0.0156
February	0.0162	0.0153	0.0157
March	0.0163	0.0154	0.0159
April	0.0159	0.0154	0.0156
May	0.0162	0.0157	0.0160
June	0.0159	0.0153	0.0156
July	0.0161	0.0155	0.0158
August	0.0164	0.0158	0.0161
September	0.0159	0.0153	0.0155
October	0.0156	0.0150	0.0153
November	0.0153	0.0148	0.0150
December	0.0155	0.0148	0.0152