2018 MKD to BAM Historical Review

YEARLY HIGH

0.0324 BAM

YEARLY LOW

0.0309 BAM

YEARLY AVERAGE

0.0317 BAM

2018 MKD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.0324. Conversely, the yearly low was recorded on November 6, dropping to 0.0309.

This high-to-low spread represents a total annual volatility of 0.0015 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0318 to the December average rate of 0.0318, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0324 was up 1.12% compared to the 2017 peak of 0.0321, 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 162 BAM

2017 Average 159 BAM

Yearly Trough Low 154 BAM

Transaction Impact: A difference of 7.65 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0319

0.0316

JanuMarcMayJulySeptNove

MKD to BAM 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 0.0318, compared to 0.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0318

H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0011 BAM (High: 0.0320 / Low: 0.0309). On the other end, December was the most stable month, with a tight range of 0.0003 BAM (High: 0.0319 / Low: 0.0316).

November Spread (Volatile) ±0.0011

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.0318) against the same month in 2017 (average: 0.0317), the exchange rate shifted by +0.0001 (+0.33%).

2018 Avg (June) 0.0318

2017 Avg (June) 0.0317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0321	0.0316	0.0318
February	0.0320	0.0315	0.0317
March	0.0320	0.0316	0.0318
April	0.0319	0.0314	0.0317
May	0.0319	0.0315	0.0317
June	0.0324	0.0316	0.0318
July	0.0319	0.0310	0.0317
August	0.0320	0.0313	0.0317
September	0.0319	0.0309	0.0317
October	0.0319	0.0312	0.0318
November	0.0320	0.0309	0.0317
December	0.0319	0.0316	0.0318