2018 MKD to MGA Historical Review

YEARLY HIGH

67.7614 MGA

YEARLY LOW

61.0653 MGA

YEARLY AVERAGE

64.0576 MGA

2018 MKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 67.7614. Conversely, the yearly low was recorded on August 11, dropping to 61.0653.

This high-to-low spread represents a total annual volatility of 6.6961 MGA. From a start-to-finish perspective, comparing the January average rate of 64.2419 to the December average rate of 65.6371, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 67.7614 was up 6.51% compared to the 2017 peak of 63.6225, 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 338,807 MGA

2017 Average 286,256 MGA

Yearly Trough Low 305,327 MGA

Transaction Impact: A difference of 33,480.61 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

66.9244

61.5188

JanuMarcMayJulySeptNove

MKD to MGA 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 63.5760, compared to 64.5393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9633 points.

H1 Avg (Jan–Jun) 63.5760

H2 Avg (Jul–Dec) 64.5393

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 3.4845 MGA (High: 65.3596 / Low: 61.8751). On the other end, April was the most stable month, with a tight range of 1.8368 MGA (High: 64.9164 / Low: 63.0797).

February Spread (Volatile) ±3.4845

April Spread (Stable) ±1.8368

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 1.5369 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 66.4740) against the same month in 2017 (average: 60.6273), the exchange rate shifted by +5.8467 (+9.64%).

2018 Avg (November) 66.4740

2017 Avg (November) 60.6273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	65.0642	62.9228	64.2419
February	65.3596	61.8751	63.5318
March	64.7670	61.4985	63.1028
April	64.9164	63.0797	64.0979
May	63.6560	61.5740	62.5610
June	65.3232	62.7363	63.9204
July	64.4338	62.1074	63.4611
August	63.2686	61.0653	61.9693
September	65.3061	62.8945	64.3661
October	66.6896	64.2749	65.3282
November	67.7614	65.3922	66.4740
December	67.5084	64.6266	65.6371