2018 MKD to NOK Historical Review

YEARLY HIGH

0.1627 NOK

YEARLY LOW

0.1528 NOK

YEARLY AVERAGE

0.1561 NOK

2018 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1627. Conversely, the yearly low was recorded on July 5, dropping to 0.1528.

This high-to-low spread represents a total annual volatility of 0.0099 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1566 to the December average rate of 0.1596, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1627 was up 0.33% compared to the 2017 peak of 0.1622, 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 814 NOK

2017 Average 758 NOK

Yearly Trough Low 764 NOK

Transaction Impact: A difference of 49.47 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1601

0.1535

JanuMarcMayJulySeptNove

MKD to NOK 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 0.1559, compared to 0.1562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1559

H2 Avg (Jul–Dec) 0.1562

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0062 NOK (High: 0.1627 / Low: 0.1566). On the other end, October was the most stable month, with a tight range of 0.0021 NOK (High: 0.1554 / Low: 0.1533).

December Spread (Volatile) ±0.0062

October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.1596) against the same month in 2017 (average: 0.1599), the exchange rate shifted by -0.0003 (-0.17%).

2018 Avg (December) 0.1596

2017 Avg (December) 0.1599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1598	0.1548	0.1566
February	0.1586	0.1553	0.1571
March	0.1575	0.1540	0.1556
April	0.1577	0.1554	0.1564
May	0.1585	0.1537	0.1555
June	0.1567	0.1530	0.1544
July	0.1557	0.1528	0.1543
August	0.1584	0.1545	0.1563
September	0.1590	0.1535	0.1562
October	0.1554	0.1533	0.1541
November	0.1590	0.1549	0.1566
December	0.1627	0.1566	0.1596