2018 MKD to BGN Historical Review

YEARLY HIGH

0.0324 BGN

YEARLY LOW

0.0315 BGN

YEARLY AVERAGE

0.0318 BGN

2018 MKD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to BGN 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 29, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0009 BGN. 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 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0324 was up 1.26% compared to the 2017 peak of 0.0320, 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 BGN

2017 Average 159 BGN

Yearly Trough Low 157 BGN

Transaction Impact: A difference of 4.45 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0319

0.0317

JanuMarcMayJulySeptNove

MKD to BGN 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 0.0318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0318

H2 Avg (Jul–Dec) 0.0318

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0007 BGN (High: 0.0324 / Low: 0.0317). On the other end, September was the most stable month, with a tight range of 0.0001 BGN (High: 0.0318 / Low: 0.0317).

June Spread (Volatile) ±0.0007

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

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 (+0.39%).

2018 Avg (June) 0.0318

2017 Avg (June) 0.0317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0320	0.0317	0.0318
February	0.0318	0.0317	0.0317
March	0.0319	0.0317	0.0318
April	0.0318	0.0317	0.0318
May	0.0320	0.0317	0.0317
June	0.0324	0.0317	0.0318
July	0.0318	0.0317	0.0318
August	0.0318	0.0317	0.0318
September	0.0318	0.0317	0.0318
October	0.0319	0.0317	0.0318
November	0.0319	0.0315	0.0318
December	0.0319	0.0317	0.0318