2018 MMK to MKD Historical Review

YEARLY HIGH

0.0394 MKD

YEARLY LOW

0.0322 MKD

YEARLY AVERAGE

0.0363 MKD

2018 MMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.0394. Conversely, the yearly low was recorded on September 23, dropping to 0.0322.

This high-to-low spread represents a total annual volatility of 0.0072 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0375 to the December average rate of 0.0345, the exchange rate registered a net change of -7.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0394 was down 9.76% compared to the 2017 peak of 0.0437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 197 MKD

2017 Average 201 MKD

Yearly Trough Low 161 MKD

Transaction Impact: A difference of 36.15 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0391

0.0332

JanuMarcMayJulySeptNove

MMK to MKD 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 0.0378, compared to 0.0348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0378

H2 Avg (Jul–Dec) 0.0348

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0028 MKD (High: 0.0349 / Low: 0.0322). On the other end, March was the most stable month, with a tight range of 0.0006 MKD (High: 0.0376 / Low: 0.0370).

September Spread (Volatile) ±0.0028

March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.0386) against the same month in 2017 (average: 0.0408), the exchange rate shifted by -0.0023 (-5.57%).

2018 Avg (May) 0.0386

2017 Avg (May) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0383	0.0371	0.0375
February	0.0378	0.0370	0.0374
March	0.0376	0.0370	0.0373
April	0.0381	0.0373	0.0376
May	0.0394	0.0378	0.0386
June	0.0389	0.0374	0.0383
July	0.0376	0.0361	0.0369
August	0.0367	0.0340	0.0356
September	0.0349	0.0322	0.0337
October	0.0351	0.0332	0.0341
November	0.0343	0.0335	0.0339
December	0.0352	0.0342	0.0345