2018 MKD to IDR Historical Review

YEARLY HIGH

286.5306 IDR

YEARLY LOW

260.6257 IDR

YEARLY AVERAGE

271.5694 IDR

2018 MKD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 286.5306. Conversely, the yearly low was recorded on January 9, dropping to 260.6257.

This high-to-low spread represents a total annual volatility of 25.9049 IDR. From a start-to-finish perspective, comparing the January average rate of 265.6962 to the December average rate of 268.3350, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 286.5306 was up 8.33% compared to the 2017 peak of 264.4921, 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 1,432,653 IDR

2017 Average 1,227,553 IDR

Yearly Trough Low 1,303,129 IDR

Transaction Impact: A difference of 129,524.29 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

285.1410

263.9285

JanuMarcMayJulySeptNove

MKD to IDR 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 270.6668, compared to 272.4720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8052 points.

H1 Avg (Jan–Jun) 270.6668

H2 Avg (Jul–Dec) 272.4720

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 17.8981 IDR (High: 280.6524 / Low: 262.7543). On the other end, July was the most stable month, with a tight range of 3.4083 IDR (High: 272.4935 / Low: 269.0852).

November Spread (Volatile) ±17.8981

July Spread (Stable) ±3.4083

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 October and November, when the average rate fell by 12.3233 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.3233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 283.3733) against the same month in 2017 (average: 258.0073), the exchange rate shifted by +25.3660 (+9.83%).

2018 Avg (October) 283.3733

2017 Avg (October) 258.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	270.1788	260.6257	265.6962
February	275.8434	270.0952	272.2791
March	278.2591	273.5295	275.6136
April	277.0884	272.0471	275.0737
May	272.9216	262.5366	269.4882
June	269.4083	262.6243	265.8501
July	272.4935	269.0852	270.9659
August	272.8647	264.1833	268.5372
September	275.5657	270.1631	272.5707
October	286.5306	274.1826	283.3733
November	280.6524	262.7543	271.0500
December	271.1978	261.9703	268.3350