2018 MKD to MAD Historical Review

YEARLY HIGH

0.1852 MAD

YEARLY LOW

0.1739 MAD

YEARLY AVERAGE

0.1800 MAD

2018 MKD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1852. Conversely, the yearly low was recorded on November 29, dropping to 0.1739.

This high-to-low spread represents a total annual volatility of 0.0113 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1833 to the December average rate of 0.1763, the exchange rate registered a net change of -3.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1852 was up 1.52% compared to the 2017 peak of 0.1824, 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 926 MAD

2017 Average 889 MAD

Yearly Trough Low 870 MAD

Transaction Impact: A difference of 56.34 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1851

0.1749

JanuMarcMayJulySeptNove

MKD to MAD 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 0.1827, compared to 0.1773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.1827

H2 Avg (Jul–Dec) 0.1773

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0042 MAD (High: 0.1835 / Low: 0.1793). On the other end, July was the most stable month, with a tight range of 0.0009 MAD (High: 0.1800 / Low: 0.1791).

June Spread (Volatile) ±0.0042

July Spread (Stable) ±0.0009

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 0.0027 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1842) against the same month in 2017 (average: 0.1738), the exchange rate shifted by +0.0104 (+5.98%).

2018 Avg (February) 0.1842

2017 Avg (February) 0.1738

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1847	0.1817	0.1833
February	0.1852	0.1834	0.1842
March	0.1847	0.1833	0.1840
April	0.1842	0.1823	0.1836
May	0.1826	0.1793	0.1808
June	0.1835	0.1793	0.1805
July	0.1800	0.1791	0.1795
August	0.1792	0.1764	0.1776
September	0.1789	0.1774	0.1780
October	0.1777	0.1758	0.1769
November	0.1769	0.1739	0.1757
December	0.1778	0.1746	0.1763