2018 MKD to STD Historical Review

YEARLY HIGH

406.1301 STD

YEARLY LOW

385.3856 STD

YEARLY AVERAGE

396.1135 STD

2018 MKD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 406.1301. Conversely, the yearly low was recorded on November 13, dropping to 385.3856.

This high-to-low spread represents a total annual volatility of 20.7445 STD. From a start-to-finish perspective, comparing the January average rate of 400.0556 to the December average rate of 389.0799, the exchange rate registered a net change of -2.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 406.1301 was up 1.03% compared to the 2017 peak of 401.9932, 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 2,030,650 STD

2017 Average 1,988,976 STD

Yearly Trough Low 1,926,928 STD

Transaction Impact: A difference of 103,722.33 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

401.1662

387.8384

JanuMarcMayJulySeptNove

MKD to STD 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 398.4491, compared to 393.7778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6713 points.

H1 Avg (Jan–Jun) 398.4491

H2 Avg (Jul–Dec) 393.7778

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 12.5668 STD (High: 400.2776 / Low: 387.7108). On the other end, July was the most stable month, with a tight range of 2.9199 STD (High: 399.8719 / Low: 396.9521).

August Spread (Volatile) ±12.5668

July Spread (Stable) ±2.9199

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 4.6853 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.6853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 399.3263) against the same month in 2017 (average: 397.6135), the exchange rate shifted by +1.7128 (+0.43%).

2018 Avg (June) 399.3263

2017 Avg (June) 397.6135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	404.4223	396.2673	400.0556
February	400.3048	396.2064	397.9420
March	400.4405	396.5269	398.3680
April	399.1093	394.2033	397.3463
May	399.8780	396.0723	397.6564
June	406.1301	396.3063	399.3263
July	399.8719	396.9521	398.3992
August	400.2776	387.7108	394.3525
September	402.5597	394.9819	398.2521
October	397.8513	387.1061	393.6344
November	392.0540	385.3856	388.9491
December	391.8914	385.9107	389.0799