2018 MKD to GNF Historical Review

YEARLY HIGH

183.0140 GNF

YEARLY LOW

165.6632 GNF

YEARLY AVERAGE

173.6523 GNF

2018 MKD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 183.0140. Conversely, the yearly low was recorded on August 18, dropping to 165.6632.

This high-to-low spread represents a total annual volatility of 17.3508 GNF. From a start-to-finish perspective, comparing the January average rate of 178.4743 to the December average rate of 169.2119, the exchange rate registered a net change of -5.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 183.0140 was up 4.06% compared to the 2017 peak of 175.8755, 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 915,070 GNF

2017 Average 836,364 GNF

Yearly Trough Low 828,316 GNF

Transaction Impact: A difference of 86,754.20 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

181.7975

167.0983

JanuMarcMayJulySeptNove

MKD to GNF 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 177.3440, compared to 169.9605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.3835 points.

H1 Avg (Jan–Jun) 177.3440

H2 Avg (Jul–Dec) 169.9605

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 7.8123 GNF (High: 176.6001 / Low: 168.7878). On the other end, July was the most stable month, with a tight range of 2.2567 GNF (High: 172.9765 / Low: 170.7198).

May Spread (Volatile) ±7.8123

July Spread (Stable) ±2.2567

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 6.6643 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -6.6643

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 180.5726) against the same month in 2017 (average: 161.9925), the exchange rate shifted by +18.5801 (+11.47%).

2018 Avg (February) 180.5726

2017 Avg (February) 161.9925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	181.6979	174.5219	178.4743
February	183.0140	178.2002	180.5726
March	182.2967	179.2731	180.4215
April	181.5437	176.8799	179.7688
May	176.6001	168.7878	173.1045
June	173.6185	169.5071	171.7224
July	172.9765	170.7198	171.7668
August	172.1741	165.6632	169.5027
September	173.7541	169.8418	171.5185
October	171.0751	166.4514	169.4401
November	170.5701	166.2144	168.3232
December	171.4592	167.5127	169.2119