2018 MKD to NIO Historical Review

YEARLY HIGH

0.6329 NIO

YEARLY LOW

0.5887 NIO

YEARLY AVERAGE

0.6073 NIO

2018 MKD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.6329. Conversely, the yearly low was recorded on August 16, dropping to 0.5887.

This high-to-low spread represents a total annual volatility of 0.0441 NIO. From a start-to-finish perspective, comparing the January average rate of 0.6134 to the December average rate of 0.5996, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6329 was up 5.32% compared to the 2017 peak of 0.6009, 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 3,164 NIO

2017 Average 2,753 NIO

Yearly Trough Low 2,944 NIO

Transaction Impact: A difference of 220.70 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6273

0.5938

JanuMarcMayJulySeptNove

MKD to NIO 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 0.6144, compared to 0.6003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.6144

H2 Avg (Jul–Dec) 0.6003

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0304 NIO (High: 0.6288 / Low: 0.5985). On the other end, July was the most stable month, with a tight range of 0.0089 NIO (High: 0.6071 / Low: 0.5982).

January Spread (Volatile) ±0.0304

July Spread (Stable) ±0.0089

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 0.0197 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.6245) against the same month in 2017 (average: 0.5099), the exchange rate shifted by +0.1147 (+22.49%).

2018 Avg (February) 0.6245

2017 Avg (February) 0.5099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6288	0.5985	0.6134
February	0.6329	0.6158	0.6245
March	0.6321	0.6195	0.6241
April	0.6274	0.6138	0.6218
May	0.6128	0.5899	0.6021
June	0.6077	0.5939	0.6004
July	0.6071	0.5982	0.6020
August	0.6076	0.5887	0.5973
September	0.6169	0.6001	0.6062
October	0.6054	0.5938	0.6002
November	0.6011	0.5915	0.5966
December	0.6071	0.5936	0.5996