2018 MKD to INR Historical Review

YEARLY HIGH

1.3947 INR

YEARLY LOW

1.2331 INR

YEARLY AVERAGE

1.3108 INR

2018 MKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 1.3947. Conversely, the yearly low was recorded on January 9, dropping to 1.2331.

This high-to-low spread represents a total annual volatility of 0.1616 INR. From a start-to-finish perspective, comparing the January average rate of 1.2610 to the December average rate of 1.3075, the exchange rate registered a net change of 3.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3947 was up 10.80% compared to the 2017 peak of 1.2588, 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 6,974 INR

2017 Average 5,969 INR

Yearly Trough Low 6,165 INR

Transaction Impact: A difference of 808.16 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3852

1.2497

JanuMarcMayJulySeptNove

MKD to INR 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 1.2916, compared to 1.3299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0384 points.

H1 Avg (Jan–Jun) 1.2916

H2 Avg (Jul–Dec) 1.3299

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0819 INR (High: 1.3601 / Low: 1.2783). On the other end, March was the most stable month, with a tight range of 0.0114 INR (High: 1.3092 / Low: 1.2978).

November Spread (Volatile) ±0.0819

March Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0465 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 1.3739) against the same month in 2017 (average: 1.2418), the exchange rate shifted by +0.1321 (+10.64%).

2018 Avg (October) 1.3739

2017 Avg (October) 1.2418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2851	1.2331	1.2610
February	1.3014	1.2761	1.2920
March	1.3092	1.2978	1.3026
April	1.3257	1.2904	1.3088
May	1.3158	1.2715	1.2964
June	1.3098	1.2677	1.2886
July	1.3126	1.2942	1.3035
August	1.3462	1.2801	1.3028
September	1.3885	1.3385	1.3645
October	1.3947	1.3504	1.3739
November	1.3601	1.2783	1.3274
December	1.3450	1.2769	1.3075