2018 MKD to CDF Historical Review

YEARLY HIGH

32.8265 CDF

YEARLY LOW

29.5154 CDF

YEARLY AVERAGE

31.0723 CDF

2018 MKD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 32.8265. Conversely, the yearly low was recorded on December 2, dropping to 29.5154.

This high-to-low spread represents a total annual volatility of 3.3111 CDF. From a start-to-finish perspective, comparing the January average rate of 31.7251 to the December average rate of 30.0475, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 32.8265 was up 3.73% compared to the 2017 peak of 31.6468, 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 164,132 CDF

2017 Average 134,285 CDF

Yearly Trough Low 147,577 CDF

Transaction Impact: A difference of 16,555.65 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

32.6297

29.7489

JanuMarcMayJulySeptNove

MKD to CDF 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 31.7145, compared to 30.4301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2845 points.

H1 Avg (Jan–Jun) 31.7145

H2 Avg (Jul–Dec) 30.4301

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.9360 CDF (High: 32.4105 / Low: 30.4744). On the other end, March was the most stable month, with a tight range of 0.4505 CDF (High: 32.6828 / Low: 32.2323).

January Spread (Volatile) ±1.9360

March Spread (Stable) ±0.4505

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 1.1815 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1815

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 32.2896) against the same month in 2017 (average: 21.9893), the exchange rate shifted by +10.3004 (+46.84%).

2018 Avg (February) 32.2896

2017 Avg (February) 21.9893

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.4105	30.4744	31.7251
February	32.8265	31.7933	32.2896
March	32.6828	32.2323	32.3897
April	32.4702	31.6626	32.1834
May	31.6481	30.2649	31.0019
June	31.0305	30.3100	30.6976
July	31.5852	29.6607	30.7550
August	31.2353	29.9398	30.4742
September	31.3842	30.6388	30.9403
October	30.7826	29.7496	30.3744
November	30.4576	29.5188	29.9890
December	30.4646	29.5154	30.0475