2018 MKD to SBD Historical Review

YEARLY HIGH

0.1577 SBD

YEARLY LOW

0.1453 SBD

YEARLY AVERAGE

0.1511 SBD

2018 MKD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.1577. Conversely, the yearly low was recorded on August 15, dropping to 0.1453.

This high-to-low spread represents a total annual volatility of 0.0124 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1539 to the December average rate of 0.1494, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1577 was up 2.49% compared to the 2017 peak of 0.1539, 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 789 SBD

2017 Average 717 SBD

Yearly Trough Low 727 SBD

Transaction Impact: A difference of 62.14 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1564

0.1470

JanuMarcMayJulySeptNove

MKD to SBD 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 0.1535, compared to 0.1488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.1535

H2 Avg (Jul–Dec) 0.1488

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0067 SBD (High: 0.1531 / Low: 0.1464). On the other end, October was the most stable month, with a tight range of 0.0020 SBD (High: 0.1496 / Low: 0.1476).

December Spread (Volatile) ±0.0067

October Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0048 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1555) against the same month in 2017 (average: 0.1344), the exchange rate shifted by +0.0210 (+15.64%).

2018 Avg (February) 0.1555

2017 Avg (February) 0.1344

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1570	0.1510	0.1539
February	0.1577	0.1536	0.1555
March	0.1572	0.1541	0.1556
April	0.1567	0.1527	0.1551
May	0.1528	0.1484	0.1503
June	0.1520	0.1489	0.1504
July	0.1523	0.1490	0.1502
August	0.1500	0.1453	0.1478
September	0.1509	0.1480	0.1493
October	0.1496	0.1476	0.1484
November	0.1491	0.1461	0.1478
December	0.1531	0.1464	0.1494