2018 MKD to HNL Historical Review

YEARLY HIGH

0.4800 HNL

YEARLY LOW

0.4208 HNL

YEARLY AVERAGE

0.4587 HNL

2018 MKD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.4800. Conversely, the yearly low was recorded on December 5, dropping to 0.4208.

This high-to-low spread represents a total annual volatility of 0.0592 HNL. From a start-to-finish perspective, comparing the January average rate of 0.4682 to the December average rate of 0.4485, the exchange rate registered a net change of -4.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4800 was up 4.16% compared to the 2017 peak of 0.4608, 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 2,400 HNL

2017 Average 2,153 HNL

Yearly Trough Low 2,104 HNL

Transaction Impact: A difference of 296.17 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4757

0.4460

JanuMarcMayJulySeptNove

MKD to HNL 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 0.4664, compared to 0.4510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.4664

H2 Avg (Jul–Dec) 0.4510

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0338 HNL (High: 0.4546 / Low: 0.4208). On the other end, July was the most stable month, with a tight range of 0.0058 HNL (High: 0.4585 / Low: 0.4526).

December Spread (Volatile) ±0.0338

July Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between January and March, 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 0.0153 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.4731) against the same month in 2017 (average: 0.4068), the exchange rate shifted by +0.0663 (+16.30%).

2018 Avg (February) 0.4731

2017 Avg (February) 0.4068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4772	0.4581	0.4682
February	0.4800	0.4676	0.4731
March	0.4781	0.4704	0.4733
April	0.4764	0.4642	0.4717
May	0.4640	0.4478	0.4564
June	0.4621	0.4508	0.4556
July	0.4585	0.4526	0.4552
August	0.4565	0.4426	0.4498
September	0.4606	0.4508	0.4550
October	0.4538	0.4424	0.4493
November	0.4521	0.4417	0.4485
December	0.4546	0.4208	0.4485