2018 MKD to CLP Historical Review

YEARLY HIGH

13.1238 CLP

YEARLY LOW

11.7446 CLP

YEARLY AVERAGE

12.2990 CLP

2018 MKD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 13.1238. Conversely, the yearly low was recorded on February 27, dropping to 11.7446.

This high-to-low spread represents a total annual volatility of 1.3791 CLP. From a start-to-finish perspective, comparing the January average rate of 11.9952 to the December average rate of 12.6540, the exchange rate registered a net change of 5.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.1238 was up 4.64% compared to the 2017 peak of 12.5415, 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 65,619 CLP

2017 Average 59,476 CLP

Yearly Trough Low 58,723 CLP

Transaction Impact: A difference of 6,895.67 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

12.9297

11.8767

JanuMarcMayJulySeptNove

MKD to CLP 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 12.0292, compared to 12.5688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5396 points.

H1 Avg (Jan–Jun) 12.0292

H2 Avg (Jul–Dec) 12.5688

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.7697 CLP (High: 12.8575 / Low: 12.0878). On the other end, April was the most stable month, with a tight range of 0.2422 CLP (High: 12.0975 / Low: 11.8553).

August Spread (Volatile) ±0.7697

April Spread (Stable) ±0.2422

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1654 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 12.8419) against the same month in 2017 (average: 12.1110), the exchange rate shifted by +0.7309 (+6.03%).

2018 Avg (September) 12.8419

2017 Avg (September) 12.1110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2288	11.7795	11.9952
February	12.2090	11.7446	11.9645
March	12.2371	11.8877	12.1013
April	12.0975	11.8553	11.9797
May	12.2258	11.7780	12.0305
June	12.3905	11.9601	12.1041
July	12.5727	12.1067	12.3800
August	12.8575	12.0878	12.3407
September	13.1238	12.3950	12.8419
October	12.8654	12.3537	12.6765
November	12.7713	12.2944	12.5197
December	12.9466	12.3120	12.6540