2018 MKD to AZN Historical Review

YEARLY HIGH

0.0345 AZN

YEARLY LOW

0.0312 AZN

YEARLY AVERAGE

0.0326 AZN

2018 MKD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0345. Conversely, the yearly low was recorded on November 13, dropping to 0.0312.

This high-to-low spread represents a total annual volatility of 0.0034 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0335 to the December average rate of 0.0315, the exchange rate registered a net change of -6.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0345 was up 1.05% compared to the 2017 peak of 0.0342, 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 173 AZN

2017 Average 158 AZN

Yearly Trough Low 156 AZN

Transaction Impact: A difference of 16.85 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0342

0.0312

JanuMarcMayJulySeptNove

MKD to AZN 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 0.0334, compared to 0.0319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0334

H2 Avg (Jul–Dec) 0.0319

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0015 AZN (High: 0.0343 / Low: 0.0327). On the other end, July was the most stable month, with a tight range of 0.0003 AZN (High: 0.0325 / Low: 0.0322).

January Spread (Volatile) ±0.0015

July Spread (Stable) ±0.0003

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 April and May, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0339) against the same month in 2017 (average: 0.0316), the exchange rate shifted by +0.0023 (+7.30%).

2018 Avg (February) 0.0339

2017 Avg (February) 0.0316

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0343	0.0327	0.0335
February	0.0345	0.0334	0.0339
March	0.0344	0.0336	0.0340
April	0.0342	0.0334	0.0339
May	0.0334	0.0319	0.0327
June	0.0327	0.0320	0.0324
July	0.0325	0.0322	0.0323
August	0.0324	0.0314	0.0319
September	0.0326	0.0319	0.0322
October	0.0321	0.0313	0.0318
November	0.0317	0.0312	0.0315
December	0.0317	0.0312	0.0315