2018 MKD to CVE Historical Review

YEARLY HIGH

1.8311 CVE

YEARLY LOW

1.7679 CVE

YEARLY AVERAGE

1.7963 CVE

2018 MKD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 1.8311. Conversely, the yearly low was recorded on August 11, dropping to 1.7679.

This high-to-low spread represents a total annual volatility of 0.0632 CVE. From a start-to-finish perspective, comparing the January average rate of 1.7987 to the December average rate of 1.7959, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.8311 was up 0.91% compared to the 2017 peak of 1.8145, 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 9,155 CVE

2017 Average 8,979 CVE

Yearly Trough Low 8,839 CVE

Transaction Impact: A difference of 315.99 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.8020

1.7923

JanuMarcMayJulySeptNove

MKD to CVE 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 1.7975, compared to 1.7952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 1.7975

H2 Avg (Jul–Dec) 1.7952

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0417 CVE (High: 1.8311 / Low: 1.7894). On the other end, April was the most stable month, with a tight range of 0.0148 CVE (High: 1.8040 / Low: 1.7892).

June Spread (Volatile) ±0.0417

April Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between February and April, 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 June and July, when the average rate fell by 0.0060 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 1.8012) against the same month in 2017 (average: 1.7949), the exchange rate shifted by +0.0064 (+0.36%).

2018 Avg (June) 1.8012

2017 Avg (June) 1.7949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8123	1.7820	1.7987
February	1.8082	1.7873	1.7970
March	1.8083	1.7913	1.7973
April	1.8040	1.7892	1.7977
May	1.8049	1.7808	1.7931
June	1.8311	1.7894	1.8012
July	1.8060	1.7802	1.7952
August	1.8055	1.7679	1.7942
September	1.8104	1.7809	1.7938
October	1.8056	1.7822	1.7966
November	1.8056	1.7816	1.7954
December	1.8046	1.7814	1.7959