2018 PGK to MKD Historical Review

YEARLY HIGH

16.3835 MKD

YEARLY LOW

15.2709 MKD

YEARLY AVERAGE

15.8671 MKD

2018 PGK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 16.3835. Conversely, the yearly low was recorded on February 1, dropping to 15.2709.

This high-to-low spread represents a total annual volatility of 1.1127 MKD. From a start-to-finish perspective, comparing the January average rate of 15.6640 to the December average rate of 16.0712, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 16.3835 was down 12.04% compared to the 2017 peak of 18.6269, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,918 MKD

2017 Average 85,627 MKD

Yearly Trough Low 76,354 MKD

Transaction Impact: A difference of 5,563.37 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

16.1993

15.3910

JanuMarcMayJulySeptNove

PGK 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 15.6912, compared to 16.0431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3518 points.

H1 Avg (Jan–Jun) 15.6912

H2 Avg (Jul–Dec) 16.0431

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.7153 MKD (High: 16.3519 / Low: 15.6366). On the other end, July was the most stable month, with a tight range of 0.2086 MKD (High: 16.1232 / Low: 15.9146).

May Spread (Volatile) ±0.7153

July Spread (Stable) ±0.2086

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 0.2247 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 16.1319) against the same month in 2017 (average: 16.4077), the exchange rate shifted by -0.2757 (-1.68%).

2018 Avg (August) 16.1319

2017 Avg (August) 16.4077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.9765	15.3976	15.6640
February	15.8075	15.2709	15.5076
March	15.6599	15.3041	15.4877
April	15.6482	15.2830	15.4584
May	16.3519	15.6366	15.9543
June	16.2723	15.9181	16.0755
July	16.1232	15.9146	16.0259
August	16.3835	15.8625	16.1319
September	16.1069	15.7256	15.9072
October	16.2253	15.8295	16.0011
November	16.2810	15.9479	16.1211
December	16.2807	15.8359	16.0712