2018 MKD to CNY Historical Review

YEARLY HIGH

0.1313 CNY

YEARLY LOW

0.1204 CNY

YEARLY AVERAGE

0.1268 CNY

2018 MKD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.1313. Conversely, the yearly low was recorded on May 29, dropping to 0.1204.

This high-to-low spread represents a total annual volatility of 0.0109 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1273 to the December average rate of 0.1274, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1313 was up 1.27% compared to the 2017 peak of 0.1296, 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 656 CNY

2017 Average 619 CNY

Yearly Trough Low 602 CNY

Transaction Impact: A difference of 54.67 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1304

0.1216

JanuMarcMayJulySeptNove

MKD to CNY 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 0.1252, compared to 0.1283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1252

H2 Avg (Jul–Dec) 0.1283

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0041 CNY (High: 0.1290 / Low: 0.1249). On the other end, November was the most stable month, with a tight range of 0.0019 CNY (High: 0.1292 / Low: 0.1273).

February Spread (Volatile) ±0.0041

November Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0032 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.1297) against the same month in 2017 (average: 0.1271), the exchange rate shifted by +0.0026 (+2.05%).

2018 Avg (September) 0.1297

2017 Avg (September) 0.1271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1284	0.1264	0.1273
February	0.1290	0.1249	0.1268
March	0.1275	0.1256	0.1266
April	0.1262	0.1242	0.1255
May	0.1244	0.1204	0.1223
June	0.1255	0.1216	0.1229
July	0.1296	0.1255	0.1275
August	0.1297	0.1268	0.1283
September	0.1313	0.1283	0.1297
October	0.1303	0.1282	0.1291
November	0.1292	0.1273	0.1282
December	0.1282	0.1258	0.1274