2018 MKD to SHP Historical Review

YEARLY HIGH

0.0148 SHP

YEARLY LOW

0.0140 SHP

YEARLY AVERAGE

0.0144 SHP

2018 MKD to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.0148. Conversely, the yearly low was recorded on April 16, dropping to 0.0140.

This high-to-low spread represents a total annual volatility of 0.0007 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0143 to the December average rate of 0.0146, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0148 was down 2.00% compared to the 2017 peak of 0.0151, 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 74 SHP

2017 Average 71 SHP

Yearly Trough Low 70 SHP

Transaction Impact: A difference of 3.72 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0146

0.0141

JanuMarcMayJulySeptNove

MKD to SHP 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 0.0143, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0143

H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0004 SHP (High: 0.0145 / Low: 0.0141). On the other end, February was the most stable month, with a tight range of 0.0002 SHP (High: 0.0144 / Low: 0.0142).

November Spread (Volatile) ±0.0004

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0146) against the same month in 2017 (average: 0.0143), the exchange rate shifted by +0.0002 (+1.67%).

2018 Avg (December) 0.0146

2017 Avg (December) 0.0143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0145	0.0142	0.0143
February	0.0144	0.0142	0.0144
March	0.0145	0.0142	0.0143
April	0.0143	0.0140	0.0142
May	0.0144	0.0141	0.0143
June	0.0145	0.0142	0.0143
July	0.0145	0.0143	0.0144
August	0.0148	0.0144	0.0146
September	0.0147	0.0144	0.0145
October	0.0145	0.0142	0.0143
November	0.0145	0.0141	0.0143
December	0.0148	0.0144	0.0146