2018 MKD to BRL Historical Review

YEARLY HIGH

0.0797 BRL

YEARLY LOW

0.0627 BRL

YEARLY AVERAGE

0.0699 BRL

2018 MKD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 0.0797. Conversely, the yearly low was recorded on January 10, dropping to 0.0627.

This high-to-low spread represents a total annual volatility of 0.0171 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0636 to the December average rate of 0.0719, the exchange rate registered a net change of 13.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0797 was up 23.40% compared to the 2017 peak of 0.0646, 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 399 BRL

2017 Average 293 BRL

Yearly Trough Low 313 BRL

Transaction Impact: A difference of 85.32 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0789

0.0622

JanuMarcMayJulySeptNove

MKD to BRL 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 0.0673, compared to 0.0726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0673

H2 Avg (Jul–Dec) 0.0726

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0090 BRL (High: 0.0786 / Low: 0.0696). On the other end, February was the most stable month, with a tight range of 0.0017 BRL (High: 0.0660 / Low: 0.0643).

August Spread (Volatile) ±0.0090

February Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0074 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0775) against the same month in 2017 (average: 0.0606), the exchange rate shifted by +0.0169 (+27.97%).

2018 Avg (September) 0.0775

2017 Avg (September) 0.0606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0647	0.0627	0.0636
February	0.0660	0.0643	0.0651
March	0.0670	0.0647	0.0657
April	0.0690	0.0661	0.0679
May	0.0716	0.0686	0.0697
June	0.0747	0.0705	0.0718
July	0.0745	0.0702	0.0725
August	0.0786	0.0696	0.0735
September	0.0797	0.0758	0.0775
October	0.0755	0.0673	0.0701
November	0.0727	0.0686	0.0698
December	0.0727	0.0709	0.0719