2018 MKD to HTG Historical Review

YEARLY HIGH

1.4396 HTG

YEARLY LOW

1.2173 HTG

YEARLY AVERAGE

1.2950 HTG

2018 MKD to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.4396. Conversely, the yearly low was recorded on May 27, dropping to 1.2173.

This high-to-low spread represents a total annual volatility of 0.2223 HTG. From a start-to-finish perspective, comparing the January average rate of 1.2779 to the December average rate of 1.4061, the exchange rate registered a net change of 10.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4396 was up 10.88% compared to the 2017 peak of 1.2984, 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 7,198 HTG

2017 Average 5,955 HTG

Yearly Trough Low 6,086 HTG

Transaction Impact: A difference of 1,111.31 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.4227

1.2244

JanuMarcMayJulySeptNove

MKD to HTG 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 1.2730, compared to 1.3170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0439 points.

H1 Avg (Jan–Jun) 1.2730

H2 Avg (Jul–Dec) 1.3170

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0879 HTG (High: 1.4396 / Low: 1.3517). On the other end, March was the most stable month, with a tight range of 0.0324 HTG (High: 1.3078 / Low: 1.2754).

December Spread (Volatile) ±0.0879

March Spread (Stable) ±0.0324

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0502 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.4061) against the same month in 2017 (average: 1.2286), the exchange rate shifted by +0.1775 (+14.45%).

2018 Avg (December) 1.4061

2017 Avg (December) 1.2286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2929	1.2434	1.2779
February	1.3054	1.2717	1.2859
March	1.3078	1.2754	1.2910
April	1.3056	1.2665	1.2911
May	1.2681	1.2173	1.2410
June	1.2712	1.2296	1.2513
July	1.2824	1.2365	1.2605
August	1.3071	1.2267	1.2621
September	1.3309	1.2984	1.3126
October	1.3391	1.3033	1.3188
November	1.3582	1.3192	1.3418
December	1.4396	1.3517	1.4061