2018 MKD to NAD Historical Review

YEARLY HIGH

0.2861 NAD

YEARLY LOW

0.2302 NAD

YEARLY AVERAGE

0.2532 NAD

2018 MKD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.2861. Conversely, the yearly low was recorded on February 23, dropping to 0.2302.

This high-to-low spread represents a total annual volatility of 0.0559 NAD. From a start-to-finish perspective, comparing the January average rate of 0.2414 to the December average rate of 0.2632, the exchange rate registered a net change of 9.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2861 was up 3.40% compared to the 2017 peak of 0.2767, 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 1,430 NAD

2017 Average 1,221 NAD

Yearly Trough Low 1,151 NAD

Transaction Impact: A difference of 279.46 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2805

0.2332

JanuMarcMayJulySeptNove

MKD to NAD 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 0.2415, compared to 0.2648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.2415

H2 Avg (Jul–Dec) 0.2648

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0254 NAD (High: 0.2743 / Low: 0.2488). On the other end, March was the most stable month, with a tight range of 0.0069 NAD (High: 0.2413 / Low: 0.2344).

August Spread (Volatile) ±0.0254

March Spread (Stable) ±0.0069

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 October and November, when the average rate fell by 0.0101 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.2766) against the same month in 2017 (average: 0.2546), the exchange rate shifted by +0.0220 (+8.65%).

2018 Avg (September) 0.2766

2017 Avg (September) 0.2546

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2453	0.2374	0.2414
February	0.2444	0.2302	0.2371
March	0.2413	0.2344	0.2374
April	0.2458	0.2360	0.2412
May	0.2456	0.2346	0.2403
June	0.2618	0.2390	0.2516
July	0.2618	0.2488	0.2554
August	0.2743	0.2488	0.2626
September	0.2861	0.2668	0.2766
October	0.2774	0.2638	0.2707
November	0.2684	0.2510	0.2605
December	0.2703	0.2516	0.2632