2018 MKD to SCR Historical Review

YEARLY HIGH

0.2845 SCR

YEARLY LOW

0.2497 SCR

YEARLY AVERAGE

0.2613 SCR

2018 MKD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.2845. Conversely, the yearly low was recorded on November 13, dropping to 0.2497.

This high-to-low spread represents a total annual volatility of 0.0347 SCR. From a start-to-finish perspective, comparing the January average rate of 0.2756 to the December average rate of 0.2528, the exchange rate registered a net change of -8.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2845 was up 3.78% compared to the 2017 peak of 0.2741, 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 1,422 SCR

2017 Average 1,247 SCR

Yearly Trough Low 1,249 SCR

Transaction Impact: A difference of 173.65 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2780

0.2499

JanuMarcMayJulySeptNove

MKD to SCR 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 0.2677, compared to 0.2549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.2677

H2 Avg (Jul–Dec) 0.2549

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0198 SCR (High: 0.2720 / Low: 0.2522). On the other end, July was the most stable month, with a tight range of 0.0025 SCR (High: 0.2585 / Low: 0.2560).

May Spread (Volatile) ±0.0198

July Spread (Stable) ±0.0025

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 0.0095 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.2729) against the same month in 2017 (average: 0.2324), the exchange rate shifted by +0.0406 (+17.47%).

2018 Avg (February) 0.2729

2017 Avg (February) 0.2324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2837	0.2684	0.2756
February	0.2845	0.2666	0.2729
March	0.2843	0.2685	0.2733
April	0.2766	0.2639	0.2685
May	0.2720	0.2522	0.2590
June	0.2604	0.2543	0.2568
July	0.2585	0.2560	0.2571
August	0.2588	0.2503	0.2546
September	0.2712	0.2553	0.2583
October	0.2600	0.2508	0.2546
November	0.2543	0.2497	0.2522
December	0.2581	0.2501	0.2528