2018 MKD to SYP Historical Review

YEARLY HIGH

10.4636 SYP

YEARLY LOW

9.4283 SYP

YEARLY AVERAGE

9.8831 SYP

2018 MKD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 10.4636. Conversely, the yearly low was recorded on November 13, dropping to 9.4283.

This high-to-low spread represents a total annual volatility of 1.0353 SYP. From a start-to-finish perspective, comparing the January average rate of 10.2045 to the December average rate of 9.5189, the exchange rate registered a net change of -6.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 10.4636 was up 3.87% compared to the 2017 peak of 10.0737, 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 52,318 SYP

2017 Average 31,040 SYP

Yearly Trough Low 47,141 SYP

Transaction Impact: A difference of 5,176.75 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

10.4050

9.4346

JanuMarcMayJulySeptNove

MKD to SYP 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 10.1309, compared to 9.6353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4956 points.

H1 Avg (Jan–Jun) 10.1309

H2 Avg (Jul–Dec) 9.6353

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.4405 SYP (High: 10.0943 / Low: 9.6538). On the other end, July was the most stable month, with a tight range of 0.0977 SYP (High: 9.8337 / Low: 9.7360).

May Spread (Volatile) ±0.4405

July Spread (Stable) ±0.0977

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 0.3759 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3759

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 10.3241) against the same month in 2017 (average: 3.7033), the exchange rate shifted by +6.6208 (+178.78%).

2018 Avg (February) 10.3241

2017 Avg (February) 3.7033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3902	9.9788	10.2045
February	10.4636	10.1968	10.3241
March	10.4200	10.2442	10.3149
April	10.3562	10.1018	10.2636
May	10.0943	9.6538	9.8877
June	9.9081	9.6706	9.7908
July	9.8337	9.7360	9.7756
August	9.7929	9.4852	9.6488
September	9.8518	9.6626	9.7441
October	9.7015	9.4707	9.6089
November	9.5917	9.4283	9.5155
December	9.5891	9.4354	9.5189