2018 NPR to MKD Historical Review

YEARLY HIGH

0.5068 MKD

YEARLY LOW

0.4488 MKD

YEARLY AVERAGE

0.4773 MKD

2018 NPR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NPR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.5068. Conversely, the yearly low was recorded on October 11, dropping to 0.4488.

This high-to-low spread represents a total annual volatility of 0.0580 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4959 to the December average rate of 0.4787, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5068 was down 10.13% compared to the 2017 peak of 0.5639, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,534 MKD

2017 Average 2,621 MKD

Yearly Trough Low 2,244 MKD

Transaction Impact: A difference of 289.81 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4999

0.4511

JanuMarcMayJulySeptNove

NPR 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 0.4842, compared to 0.4704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.4842

H2 Avg (Jul–Dec) 0.4704

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0307 MKD (High: 0.4893 / Low: 0.4586). On the other end, March was the most stable month, with a tight range of 0.0058 MKD (High: 0.4824 / Low: 0.4766).

November Spread (Volatile) ±0.0307

March Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between April and June, 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 0.0212 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.4959) against the same month in 2017 (average: 0.5314), the exchange rate shifted by -0.0355 (-6.69%).

2018 Avg (January) 0.4959

2017 Avg (January) 0.5314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5068	0.4872	0.4959
February	0.4888	0.4799	0.4843
March	0.4824	0.4766	0.4799
April	0.4839	0.4730	0.4776
May	0.4912	0.4775	0.4825
June	0.4918	0.4782	0.4852
July	0.4826	0.4756	0.4795
August	0.4899	0.4654	0.4797
September	0.4673	0.4504	0.4585
October	0.4634	0.4488	0.4552
November	0.4893	0.4586	0.4709
December	0.4874	0.4699	0.4787