2018 MKD to JMD Historical Review

YEARLY HIGH

2.6032 JMD

YEARLY LOW

2.3146 JMD

YEARLY AVERAGE

2.4720 JMD

2018 MKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 2.6032. Conversely, the yearly low was recorded on November 27, dropping to 2.3146.

This high-to-low spread represents a total annual volatility of 0.2886 JMD. From a start-to-finish perspective, comparing the January average rate of 2.4607 to the December average rate of 2.3631, the exchange rate registered a net change of -3.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.6032 was up 2.40% compared to the 2017 peak of 2.5422, 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 13,016 JMD

2017 Average 11,768 JMD

Yearly Trough Low 11,573 JMD

Transaction Impact: A difference of 1,442.96 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.6015

2.3140

JanuMarcMayJulySeptNove

MKD to JMD 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 2.4821, compared to 2.4618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 2.4821

H2 Avg (Jul–Dec) 2.4618

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1595 JMD (High: 2.5227 / Low: 2.3632). On the other end, March was the most stable month, with a tight range of 0.0611 JMD (High: 2.5741 / Low: 2.5130).

October Spread (Volatile) ±0.1595

March Spread (Stable) ±0.0611

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1283 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.5776) against the same month in 2017 (average: 2.5130), the exchange rate shifted by +0.0646 (+2.57%).

2018 Avg (September) 2.5776

2017 Avg (September) 2.5130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5107	2.3969	2.4607
February	2.5561	2.4898	2.5201
March	2.5741	2.5130	2.5480
April	2.5175	2.4454	2.4870
May	2.4492	2.3636	2.4110
June	2.5180	2.4059	2.4658
July	2.5348	2.4459	2.4857
August	2.6007	2.5002	2.5402
September	2.6032	2.5361	2.5776
October	2.5227	2.3632	2.4663
November	2.3797	2.3146	2.3380
December	2.3932	2.3235	2.3631