2018 MKD to NZD Historical Review

YEARLY HIGH

0.0291 NZD

YEARLY LOW

0.0265 NZD

YEARLY AVERAGE

0.0277 NZD

2018 MKD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0291. Conversely, the yearly low was recorded on December 4, dropping to 0.0265.

This high-to-low spread represents a total annual volatility of 0.0026 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0273 to the December average rate of 0.0272, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0291 was up 2.82% compared to the 2017 peak of 0.0283, 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 145 NZD

2017 Average 129 NZD

Yearly Trough Low 133 NZD

Transaction Impact: A difference of 12.81 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0288

0.0270

JanuMarcMayJulySeptNove

MKD to NZD 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 0.0275, compared to 0.0280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0275

H2 Avg (Jul–Dec) 0.0280

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0012 NZD (High: 0.0278 / Low: 0.0265). On the other end, July was the most stable month, with a tight range of 0.0003 NZD (High: 0.0282 / Low: 0.0278).

December Spread (Volatile) ±0.0012

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and September, 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 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0286) against the same month in 2017 (average: 0.0271), the exchange rate shifted by +0.0015 (+5.55%).

2018 Avg (October) 0.0286

2017 Avg (October) 0.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0276	0.0269	0.0273
February	0.0278	0.0273	0.0274
March	0.0278	0.0273	0.0276
April	0.0279	0.0271	0.0275
May	0.0280	0.0271	0.0276
June	0.0280	0.0270	0.0274
July	0.0282	0.0278	0.0280
August	0.0285	0.0279	0.0281
September	0.0289	0.0285	0.0287
October	0.0291	0.0282	0.0286
November	0.0279	0.0267	0.0273
December	0.0278	0.0265	0.0272