2018 MKD to PEN Historical Review

YEARLY HIGH

0.0660 PEN

YEARLY LOW

0.0606 PEN

YEARLY AVERAGE

0.0630 PEN

2018 MKD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0660. Conversely, the yearly low was recorded on August 14, dropping to 0.0606.

This high-to-low spread represents a total annual volatility of 0.0054 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0637 to the December average rate of 0.0622, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0660 was up 2.61% compared to the 2017 peak of 0.0644, 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 330 PEN

2017 Average 299 PEN

Yearly Trough Low 303 PEN

Transaction Impact: A difference of 27.02 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0655

0.0613

JanuMarcMayJulySeptNove

MKD to PEN 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 0.0639, compared to 0.0622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0639

H2 Avg (Jul–Dec) 0.0622

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0025 PEN (High: 0.0648 / Low: 0.0624). On the other end, July was the most stable month, with a tight range of 0.0008 PEN (High: 0.0627 / Low: 0.0619).

January Spread (Volatile) ±0.0025

July Spread (Stable) ±0.0008

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 0.0015 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0651) against the same month in 2017 (average: 0.0563), the exchange rate shifted by +0.0088 (+15.69%).

2018 Avg (February) 0.0651

2017 Avg (February) 0.0563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0648	0.0624	0.0637
February	0.0660	0.0646	0.0651
March	0.0657	0.0644	0.0651
April	0.0650	0.0637	0.0644
May	0.0638	0.0615	0.0628
June	0.0630	0.0614	0.0622
July	0.0627	0.0619	0.0622
August	0.0627	0.0606	0.0616
September	0.0631	0.0622	0.0626
October	0.0628	0.0614	0.0622
November	0.0628	0.0618	0.0623
December	0.0628	0.0615	0.0622