2018 RON to MKD Historical Review

YEARLY HIGH

13.3538 MKD

YEARLY LOW

12.9027 MKD

YEARLY AVERAGE

13.2280 MKD

2018 RON to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the RON to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 13.3538. Conversely, the yearly low was recorded on June 14, dropping to 12.9027.

This high-to-low spread represents a total annual volatility of 0.4511 MKD. From a start-to-finish perspective, comparing the January average rate of 13.2391 to the December average rate of 13.2386, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.3538 was down 2.72% compared to the 2017 peak of 13.7273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,769 MKD

2017 Average 67,411 MKD

Yearly Trough Low 64,514 MKD

Transaction Impact: A difference of 2,255.31 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

13.2742

13.1625

JanuMarcMayJulySeptNove

RON 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 13.2219, compared to 13.2340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 13.2219

H2 Avg (Jul–Dec) 13.2340

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.3396 MKD (High: 13.2423 / Low: 12.9027). On the other end, March was the most stable month, with a tight range of 0.0673 MKD (High: 13.2434 / Low: 13.1761).

June Spread (Volatile) ±0.3396

March Spread (Stable) ±0.0673

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 0.0931 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0931

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 13.2638) against the same month in 2017 (average: 13.4655), the exchange rate shifted by -0.2017 (-1.50%).

2018 Avg (August) 13.2638

2017 Avg (August) 13.4655

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.3253	13.1588	13.2391
February	13.2791	13.2021	13.2299
March	13.2434	13.1761	13.2095
April	13.2741	13.1528	13.2165
May	13.3186	13.1679	13.2649
June	13.2423	12.9027	13.1718
July	13.3326	13.2013	13.2472
August	13.3538	13.2008	13.2638
September	13.3200	13.2080	13.2599
October	13.2502	13.1293	13.1943
November	13.3425	13.1465	13.2001
December	13.3363	13.1637	13.2386