2018 MKD to NPR Historical Review

YEARLY HIGH

2.2282 NPR

YEARLY LOW

1.9733 NPR

YEARLY AVERAGE

2.0963 NPR

2018 MKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 2.2282. Conversely, the yearly low was recorded on January 9, dropping to 1.9733.

This high-to-low spread represents a total annual volatility of 0.2549 NPR. From a start-to-finish perspective, comparing the January average rate of 2.0170 to the December average rate of 2.0892, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.2282 was up 10.42% compared to the 2017 peak of 2.0179, 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 11,141 NPR

2017 Average 9,549 NPR

Yearly Trough Low 9,867 NPR

Transaction Impact: A difference of 1,274.32 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.2152

1.9990

JanuMarcMayJulySeptNove

MKD to NPR 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 2.0656, compared to 2.1270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 2.0656

H2 Avg (Jul–Dec) 2.1270

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1370 NPR (High: 2.1808 / Low: 2.0438). On the other end, March was the most stable month, with a tight range of 0.0252 NPR (High: 2.0981 / Low: 2.0729).

November Spread (Volatile) ±0.1370

March Spread (Stable) ±0.0252

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0730 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 2.1971) against the same month in 2017 (average: 1.9874), the exchange rate shifted by +0.2098 (+10.56%).

2018 Avg (October) 2.1971

2017 Avg (October) 1.9874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0525	1.9733	2.0170
February	2.0837	2.0458	2.0648
March	2.0981	2.0729	2.0838
April	2.1142	2.0664	2.0938
May	2.0943	2.0359	2.0727
June	2.0911	2.0335	2.0612
July	2.1026	2.0722	2.0854
August	2.1487	2.0413	2.0849
September	2.2204	2.1399	2.1813
October	2.2282	2.1582	2.1971
November	2.1808	2.0438	2.1241
December	2.1279	2.0518	2.0892