2018 NIO to MKD Historical Review

YEARLY HIGH

1.6986 MKD

YEARLY LOW

1.5801 MKD

YEARLY AVERAGE

1.6471 MKD

2018 NIO to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NIO to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 1.6986. Conversely, the yearly low was recorded on February 15, dropping to 1.5801.

This high-to-low spread represents a total annual volatility of 0.1185 MKD. From a start-to-finish perspective, comparing the January average rate of 1.6305 to the December average rate of 1.6680, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6986 was down 15.43% compared to the 2017 peak of 2.0085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,493 MKD

2017 Average 9,113 MKD

Yearly Trough Low 7,900 MKD

Transaction Impact: A difference of 592.32 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6837

1.5938

JanuMarcMayJulySeptNove

NIO 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 1.6282, compared to 1.6660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0378 points.

H1 Avg (Jan–Jun) 1.6282

H2 Avg (Jul–Dec) 1.6660

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0807 MKD (High: 1.6710 / Low: 1.5903). On the other end, July was the most stable month, with a tight range of 0.0244 MKD (High: 1.6716 / Low: 1.6471).

January Spread (Volatile) ±0.0807

July Spread (Stable) ±0.0244

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0292 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.6744) against the same month in 2017 (average: 1.7448), the exchange rate shifted by -0.0703 (-4.03%).

2018 Avg (August) 1.6744

2017 Avg (August) 1.7448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6710	1.5903	1.6305
February	1.6240	1.5801	1.6013
March	1.6143	1.5821	1.6024
April	1.6292	1.5939	1.6082
May	1.6953	1.6318	1.6610
June	1.6838	1.6455	1.6657
July	1.6716	1.6471	1.6612
August	1.6986	1.6459	1.6744
September	1.6663	1.6211	1.6498
October	1.6841	1.6517	1.6663
November	1.6907	1.6635	1.6762
December	1.6846	1.6472	1.6680