2018 MKD to VEF Historical Review

YEARLY HIGH

4751.6321 VEF

YEARLY LOW

0.1947 VEF

YEARLY AVERAGE

2385.3148 VEF

2018 MKD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 4751.6321. Conversely, the yearly low was recorded on January 9, dropping to 0.1947.

This high-to-low spread represents a total annual volatility of 4751.4374 VEF. From a start-to-finish perspective, comparing the January average rate of 0.2002 to the December average rate of 4592.8164, the exchange rate registered a net change of 2293936.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 4751.6321 was up 2284622.53% compared to the 2017 peak of 0.2080, 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 23,758,160 VEF

2017 Average 927 VEF

Yearly Trough Low 973 VEF

Transaction Impact: A difference of 23,757,187.10 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5170.8454

-469.8584

JanuMarcMayJulySeptNove

MKD to VEF 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 827.2363, compared to 3943.3932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3116.1569 points.

H1 Avg (Jan–Jun) 827.2363

H2 Avg (Jul–Dec) 3943.3932

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 2707.3921 VEF (High: 4724.6950 / Low: 2017.3029). On the other end, January was the most stable month, with a tight range of 0.0167 VEF (High: 0.2114 / Low: 0.1947).

August Spread (Volatile) ±2707.3921

January Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 65.1126 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -65.1126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 4700.7867) against the same month in 2017 (average: 0.1948), the exchange rate shifted by +4700.5919 (+2412662.23%).

2018 Avg (September) 4700.7867

2017 Avg (September) 0.1948

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2114	0.1947	0.2002
February	575.2940	0.2006	327.2619
March	814.2217	577.1945	728.7305
April	1321.6721	800.4995	996.2352
May	1517.9979	1335.8185	1391.9437
June	1536.1518	1500.3286	1519.0467
July	2028.2540	1510.6825	1728.0995
August	4724.6950	2017.3029	3411.6043
September	4751.6321	4662.1874	4700.7867
October	4680.6731	4569.2245	4635.6741
November	4627.6275	4548.9167	4591.3783
December	4626.0041	4555.4066	4592.8164