2018 MKD to TWD Historical Review

YEARLY HIGH

0.5943 TWD

YEARLY LOW

0.5628 TWD

YEARLY AVERAGE

0.5778 TWD

2018 MKD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.5943. Conversely, the yearly low was recorded on November 29, dropping to 0.5628.

This high-to-low spread represents a total annual volatility of 0.0315 TWD. From a start-to-finish perspective, comparing the January average rate of 0.5830 to the December average rate of 0.5688, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5943 was up 1.08% compared to the 2017 peak of 0.5880, 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 2,972 TWD

2017 Average 2,790 TWD

Yearly Trough Low 2,814 TWD

Transaction Impact: A difference of 157.66 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5882

0.5669

JanuMarcMayJulySeptNove

MKD to TWD 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 0.5807, compared to 0.5748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.5807

H2 Avg (Jul–Dec) 0.5748

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0179 TWD (High: 0.5821 / Low: 0.5642). On the other end, July was the most stable month, with a tight range of 0.0046 TWD (High: 0.5820 / Low: 0.5774).

May Spread (Volatile) ±0.0179

July Spread (Stable) ±0.0046

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 0.0124 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.5864) against the same month in 2017 (average: 0.5333), the exchange rate shifted by +0.0531 (+9.95%).

2018 Avg (February) 0.5864

2017 Avg (February) 0.5333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5891	0.5722	0.5830
February	0.5943	0.5811	0.5864
March	0.5901	0.5790	0.5847
April	0.5904	0.5805	0.5855
May	0.5821	0.5642	0.5731
June	0.5792	0.5635	0.5718
July	0.5820	0.5774	0.5796
August	0.5823	0.5680	0.5749
September	0.5876	0.5740	0.5807
October	0.5822	0.5691	0.5763
November	0.5753	0.5628	0.5687
December	0.5725	0.5641	0.5688