2018 MRO to MKD Historical Review

YEARLY HIGH

0.2576 MKD

YEARLY LOW

0.1385 MKD

YEARLY AVERAGE

0.1470 MKD

2018 MRO to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.2576. Conversely, the yearly low was recorded on February 1, dropping to 0.1385.

This high-to-low spread represents a total annual volatility of 0.1191 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1422 to the December average rate of 0.1516, the exchange rate registered a net change of 6.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2576 was up 56.23% compared to the 2017 peak of 0.1649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,288 MKD

2017 Average 759 MKD

Yearly Trough Low 692 MKD

Transaction Impact: A difference of 595.60 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1587

0.1387

JanuMarcMayJulySeptNove

MRO 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 0.1431, compared to 0.1510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.1431

H2 Avg (Jul–Dec) 0.1510

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1089 MKD (High: 0.2576 / Low: 0.1487). On the other end, July was the most stable month, with a tight range of 0.0018 MKD (High: 0.1488 / Low: 0.1470).

October Spread (Volatile) ±0.1089

July Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0055 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.1571) against the same month in 2017 (average: 0.1451), the exchange rate shifted by +0.0119 (+8.22%).

2018 Avg (October) 0.1571

2017 Avg (October) 0.1451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1458	0.1395	0.1422
February	0.1419	0.1385	0.1404
March	0.1412	0.1392	0.1404
April	0.1431	0.1395	0.1411
May	0.1499	0.1433	0.1464
June	0.1498	0.1460	0.1479
July	0.1488	0.1470	0.1480
August	0.1519	0.1473	0.1497
September	0.1493	0.1464	0.1480
October	0.2576	0.1487	0.1571
November	0.1530	0.1504	0.1516
December	0.1528	0.1505	0.1516