2018 NOK to MKD Historical Review

YEARLY HIGH

6.5425 MKD

YEARLY LOW

6.1447 MKD

YEARLY AVERAGE

6.4091 MKD

2018 NOK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 6.5425. Conversely, the yearly low was recorded on December 27, dropping to 6.1447.

This high-to-low spread represents a total annual volatility of 0.3977 MKD. From a start-to-finish perspective, comparing the January average rate of 6.3845 to the December average rate of 6.2670, the exchange rate registered a net change of -1.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.5425 was down 6.47% compared to the 2017 peak of 6.9951, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,712 MKD

2017 Average 33,024 MKD

Yearly Trough Low 30,724 MKD

Transaction Impact: A difference of 1,988.71 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.5119

6.2448

JanuMarcMayJulySeptNove

NOK 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 6.4143, compared to 6.4038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 6.4143

H2 Avg (Jul–Dec) 6.4038

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.2416 MKD (High: 6.3864 / Low: 6.1447). On the other end, October was the most stable month, with a tight range of 0.0884 MKD (High: 6.5245 / Low: 6.4361).

December Spread (Volatile) ±0.2416

October Spread (Stable) ±0.0884

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1189 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 6.4794) against the same month in 2017 (average: 6.5525), the exchange rate shifted by -0.0731 (-1.12%).

2018 Avg (July) 6.4794

2017 Avg (July) 6.5525

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.4594	6.2565	6.3845
February	6.4410	6.3069	6.3666
March	6.4936	6.3492	6.4272
April	6.4367	6.3415	6.3957
May	6.5058	6.3079	6.4330
June	6.5369	6.3813	6.4790
July	6.5425	6.4247	6.4794
August	6.4726	6.3129	6.3984
September	6.5145	6.2888	6.4024
October	6.5245	6.4361	6.4896
November	6.4558	6.2900	6.3859
December	6.3864	6.1447	6.2670