2018 MKD to TJS Historical Review

YEARLY HIGH

0.1803 TJS

YEARLY LOW

0.1686 TJS

YEARLY AVERAGE

0.1754 TJS

2018 MKD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.1803. Conversely, the yearly low was recorded on May 29, dropping to 0.1686.

This high-to-low spread represents a total annual volatility of 0.0117 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1747 to the December average rate of 0.1742, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1803 was up 4.36% compared to the 2017 peak of 0.1728, 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 902 TJS

2017 Average 790 TJS

Yearly Trough Low 843 TJS

Transaction Impact: A difference of 58.49 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1789

0.1717

JanuMarcMayJulySeptNove

MKD to TJS 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 0.1750, compared to 0.1759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1750

H2 Avg (Jul–Dec) 0.1759

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0073 TJS (High: 0.1780 / Low: 0.1708). On the other end, December was the most stable month, with a tight range of 0.0029 TJS (High: 0.1756 / Low: 0.1727).

January Spread (Volatile) ±0.0073

December Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between May and July, 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 0.0042 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.1783) against the same month in 2017 (average: 0.1706), the exchange rate shifted by +0.0077 (+4.53%).

2018 Avg (September) 0.1783

2017 Avg (September) 0.1706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1780	0.1708	0.1747
February	0.1792	0.1746	0.1769
March	0.1784	0.1753	0.1767
April	0.1781	0.1745	0.1765
May	0.1749	0.1686	0.1723
June	0.1747	0.1703	0.1727
July	0.1794	0.1734	0.1765
August	0.1793	0.1735	0.1764
September	0.1803	0.1770	0.1783
October	0.1774	0.1733	0.1757
November	0.1756	0.1725	0.1740
December	0.1756	0.1727	0.1742