2018 MKD to ALL Historical Review

YEARLY HIGH

2.1787 ALL

YEARLY LOW

1.9900 ALL

YEARLY AVERAGE

2.0730 ALL

2018 MKD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.1787. Conversely, the yearly low was recorded on December 20, dropping to 1.9900.

This high-to-low spread represents a total annual volatility of 0.1887 ALL. From a start-to-finish perspective, comparing the January average rate of 2.1686 to the December average rate of 2.0056, the exchange rate registered a net change of -7.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1787 was down 2.41% compared to the 2017 peak of 2.2325, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,893 ALL

2017 Average 10,888 ALL

Yearly Trough Low 9,950 ALL

Transaction Impact: A difference of 943.45 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1849

1.9893

JanuMarcMayJulySeptNove

MKD to ALL 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 2.1116, compared to 2.0344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0773 points.

H1 Avg (Jan–Jun) 2.1116

H2 Avg (Jul–Dec) 2.0344

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0826 ALL (High: 2.0972 / Low: 2.0146). On the other end, July was the most stable month, with a tight range of 0.0160 ALL (High: 2.0539 / Low: 2.0379).

June Spread (Volatile) ±0.0826

July Spread (Stable) ±0.0160

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0382 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.1686) against the same month in 2017 (average: 2.2163), the exchange rate shifted by -0.0477 (-2.15%).

2018 Avg (January) 2.1686

2017 Avg (January) 2.2163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1787	2.1578	2.1686
February	2.1761	2.1412	2.1548
March	2.1549	2.0906	2.1308
April	2.1289	2.0861	2.0999
May	2.0858	2.0436	2.0617
June	2.0972	2.0146	2.0540
July	2.0539	2.0379	2.0463
August	2.0545	2.0311	2.0406
September	2.0661	2.0423	2.0544
October	2.0499	2.0166	2.0335
November	2.0403	1.9996	2.0257
December	2.0201	1.9900	2.0056