2018 MKD to BIF Historical Review

YEARLY HIGH

35.8357 BIF

YEARLY LOW

32.5881 BIF

YEARLY AVERAGE

34.1077 BIF

2018 MKD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 35.8357. Conversely, the yearly low was recorded on August 15, dropping to 32.5881.

This high-to-low spread represents a total annual volatility of 3.2476 BIF. From a start-to-finish perspective, comparing the January average rate of 34.9322 to the December average rate of 33.4088, the exchange rate registered a net change of -4.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 35.8357 was up 4.47% compared to the 2017 peak of 34.3008, 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 179,179 BIF

2017 Average 158,148 BIF

Yearly Trough Low 162,941 BIF

Transaction Impact: A difference of 16,238.22 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

35.5951

33.0409

JanuMarcMayJulySeptNove

MKD to BIF 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 34.7888, compared to 33.4267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3621 points.

H1 Avg (Jan–Jun) 34.7888

H2 Avg (Jul–Dec) 33.4267

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.7089 BIF (High: 35.7240 / Low: 34.0151). On the other end, July was the most stable month, with a tight range of 0.6912 BIF (High: 34.0413 / Low: 33.3501).

January Spread (Volatile) ±1.7089

July Spread (Stable) ±0.6912

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 1.2975 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.2975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 35.3823) against the same month in 2017 (average: 29.2527), the exchange rate shifted by +6.1295 (+20.95%).

2018 Avg (February) 35.3823

2017 Avg (February) 29.2527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.7240	34.0151	34.9322
February	35.8357	34.9772	35.3823
March	35.7350	34.9649	35.3790
April	35.6441	34.7411	35.3119
May	34.7651	33.1563	34.0144
June	34.3134	33.2107	33.7128
July	34.0413	33.3501	33.6196
August	33.6822	32.5881	33.2625
September	34.1204	33.2488	33.5945
October	33.9629	32.6816	33.4211
November	33.7790	32.6209	33.2537
December	33.8094	32.8635	33.4088