2018 MKD to KPW Historical Review

YEARLY HIGH

18.2852 KPW

YEARLY LOW

16.4768 KPW

YEARLY AVERAGE

17.2709 KPW

2018 MKD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 18.2852. Conversely, the yearly low was recorded on November 13, dropping to 16.4768.

This high-to-low spread represents a total annual volatility of 1.8084 KPW. From a start-to-finish perspective, comparing the January average rate of 17.8315 to the December average rate of 16.6348, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 18.2852 was up 3.95% compared to the 2017 peak of 17.5898, 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 91,426 KPW

2017 Average 82,566 KPW

Yearly Trough Low 82,384 KPW

Transaction Impact: A difference of 9,042.12 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

18.1838

16.4879

JanuMarcMayJulySeptNove

MKD to KPW 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 17.7043, compared to 16.8376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8667 points.

H1 Avg (Jan–Jun) 17.7043

H2 Avg (Jul–Dec) 16.8376

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.7710 KPW (High: 17.6404 / Low: 16.8694). On the other end, July was the most stable month, with a tight range of 0.1684 KPW (High: 17.1838 / Low: 17.0154).

May Spread (Volatile) ±0.7710

July Spread (Stable) ±0.1684

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6576 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.6576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 18.0424) against the same month in 2017 (average: 15.5503), the exchange rate shifted by +2.4922 (+16.03%).

2018 Avg (February) 18.0424

2017 Avg (February) 15.5503

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.1553	17.4368	17.8315
February	18.2852	17.8200	18.0424
March	18.2100	17.9028	18.0263
April	18.0986	17.6540	17.9368
May	17.6404	16.8694	17.2792
June	17.2925	16.8998	17.1095
July	17.1838	17.0154	17.0824
August	17.1135	16.5762	16.8610
September	17.2111	16.8871	17.0269
October	16.9541	16.5504	16.7911
November	16.7619	16.4768	16.6292
December	16.7550	16.4993	16.6348