2018 MKD to GMD Historical Review

YEARLY HIGH

0.9818 GMD

YEARLY LOW

0.8839 GMD

YEARLY AVERAGE

0.9225 GMD

2018 MKD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.9818. Conversely, the yearly low was recorded on May 29, dropping to 0.8839.

This high-to-low spread represents a total annual volatility of 0.0978 GMD. From a start-to-finish perspective, comparing the January average rate of 0.9511 to the December average rate of 0.9143, the exchange rate registered a net change of -3.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9818 was up 5.58% compared to the 2017 peak of 0.9299, 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 4,909 GMD

2017 Average 4,207 GMD

Yearly Trough Low 4,420 GMD

Transaction Impact: A difference of 489.22 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9565

0.8918

JanuMarcMayJulySeptNove

MKD to GMD 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 0.9319, compared to 0.9130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 0.9319

H2 Avg (Jul–Dec) 0.9130

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0584 GMD (High: 0.9818 / Low: 0.9234). On the other end, December was the most stable month, with a tight range of 0.0132 GMD (High: 0.9205 / Low: 0.9074).

January Spread (Volatile) ±0.0584

December Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between August and October, 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 0.0356 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.9511) against the same month in 2017 (average: 0.7524), the exchange rate shifted by +0.1987 (+26.41%).

2018 Avg (January) 0.9511

2017 Avg (January) 0.7524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9818	0.9234	0.9511
February	0.9736	0.9350	0.9490
March	0.9587	0.9407	0.9476
April	0.9489	0.9247	0.9412
May	0.9247	0.8839	0.9056
June	0.9064	0.8851	0.8972
July	0.9150	0.8925	0.9054
August	0.9132	0.8868	0.9012
September	0.9379	0.9013	0.9183
October	0.9318	0.9094	0.9232
November	0.9212	0.9075	0.9155
December	0.9205	0.9074	0.9143