2018 MKD to KZT Historical Review

YEARLY HIGH

7.1674 KZT

YEARLY LOW

6.1854 KZT

YEARLY AVERAGE

6.6091 KZT

2018 MKD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 7.1674. Conversely, the yearly low was recorded on May 29, dropping to 6.1854.

This high-to-low spread represents a total annual volatility of 0.9820 KZT. From a start-to-finish perspective, comparing the January average rate of 6.4758 to the December average rate of 6.8772, the exchange rate registered a net change of 6.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 7.1674 was up 7.80% compared to the 2017 peak of 6.6488, 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 35,837 KZT

2017 Average 29,953 KZT

Yearly Trough Low 30,927 KZT

Transaction Impact: A difference of 4,909.77 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

7.0061

6.2479

JanuMarcMayJulySeptNove

MKD to KZT 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 6.4242, compared to 6.7940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3698 points.

H1 Avg (Jan–Jun) 6.4242

H2 Avg (Jul–Dec) 6.7940

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.3979 KZT (High: 7.1674 / Low: 6.7695). On the other end, March was the most stable month, with a tight range of 0.0979 KZT (High: 6.4724 / Low: 6.3745).

September Spread (Volatile) ±0.3979

March Spread (Stable) ±0.0979

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 April and May, when the average rate fell by 0.1663 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1663

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 6.9429) against the same month in 2017 (average: 6.5771), the exchange rate shifted by +0.3658 (+5.56%).

2018 Avg (September) 6.9429

2017 Avg (September) 6.5771

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5518	6.4043	6.4758
February	6.5465	6.3362	6.4537
March	6.4724	6.3745	6.4271
April	6.6203	6.3652	6.4774
May	6.4370	6.1854	6.3110
June	6.4737	6.2709	6.4003
July	6.5955	6.4549	6.5362
August	6.9173	6.5485	6.6990
September	7.1674	6.7695	6.9429
October	6.9758	6.7683	6.8602
November	6.9085	6.7537	6.8484
December	7.1466	6.8016	6.8772