2018 MKD to MZN Historical Review

YEARLY HIGH

1.2539 MZN

YEARLY LOW

1.0710 MZN

YEARLY AVERAGE

1.1564 MZN

2018 MKD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 1.2539. Conversely, the yearly low was recorded on August 13, dropping to 1.0710.

This high-to-low spread represents a total annual volatility of 0.1829 MZN. From a start-to-finish perspective, comparing the January average rate of 1.1705 to the December average rate of 1.1275, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2539 was down 3.52% compared to the 2017 peak of 1.2997, 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 6,269 MZN

2017 Average 5,881 MZN

Yearly Trough Low 5,355 MZN

Transaction Impact: A difference of 914.46 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2533

1.0862

JanuMarcMayJulySeptNove

MKD to MZN 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 1.1882, compared to 1.1245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0637 points.

H1 Avg (Jan–Jun) 1.1882

H2 Avg (Jul–Dec) 1.1245

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0731 MZN (High: 1.2138 / Low: 1.1407). On the other end, November was the most stable month, with a tight range of 0.0201 MZN (High: 1.1351 / Low: 1.1150).

January Spread (Volatile) ±0.0731

November Spread (Stable) ±0.0201

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0539 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 1.2394) against the same month in 2017 (average: 1.1995), the exchange rate shifted by +0.0398 (+3.32%).

2018 Avg (March) 1.2394

2017 Avg (March) 1.1995

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2138	1.1407	1.1705
February	1.2354	1.1979	1.2215
March	1.2539	1.2184	1.2394
April	1.2282	1.1716	1.2095
May	1.1713	1.1256	1.1556
June	1.1472	1.1167	1.1328
July	1.1415	1.1006	1.1199
August	1.1368	1.0710	1.1001
September	1.1627	1.1289	1.1442
October	1.1415	1.1154	1.1306
November	1.1351	1.1150	1.1246
December	1.1365	1.1087	1.1275