2018 MKD to BZD Historical Review

YEARLY HIGH

0.0408 BZD

YEARLY LOW

0.0369 BZD

YEARLY AVERAGE

0.0386 BZD

2018 MKD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0408. Conversely, the yearly low was recorded on November 12, dropping to 0.0369.

This high-to-low spread represents a total annual volatility of 0.0039 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0398 to the December average rate of 0.0373, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0408 was up 3.33% compared to the 2017 peak of 0.0395, 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 204 BZD

2017 Average 185 BZD

Yearly Trough Low 184 BZD

Transaction Impact: A difference of 19.65 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0406

0.0369

JanuMarcMayJulySeptNove

MKD to BZD 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 0.0395, compared to 0.0376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0395

H2 Avg (Jul–Dec) 0.0376

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0018 BZD (High: 0.0395 / Low: 0.0377). On the other end, July was the most stable month, with a tight range of 0.0004 BZD (High: 0.0384 / Low: 0.0380).

May Spread (Volatile) ±0.0018

July Spread (Stable) ±0.0004

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 0.0015 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0403) against the same month in 2017 (average: 0.0347), the exchange rate shifted by +0.0056 (+16.06%).

2018 Avg (February) 0.0403

2017 Avg (February) 0.0347

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0405	0.0389	0.0398
February	0.0408	0.0398	0.0403
March	0.0406	0.0400	0.0402
April	0.0404	0.0395	0.0401
May	0.0395	0.0377	0.0386
June	0.0386	0.0378	0.0382
July	0.0384	0.0380	0.0381
August	0.0382	0.0370	0.0376
September	0.0385	0.0378	0.0380
October	0.0379	0.0370	0.0375
November	0.0376	0.0369	0.0372
December	0.0375	0.0370	0.0373