2018 MKD to BND Historical Review

YEARLY HIGH

0.0293 BND

YEARLY LOW

0.0253 BND

YEARLY AVERAGE

0.0270 BND

2018 MKD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0293. Conversely, the yearly low was recorded on December 2, dropping to 0.0253.

This high-to-low spread represents a total annual volatility of 0.0041 BND. From a start-to-finish perspective, comparing the January average rate of 0.0262 to the December average rate of 0.0290, the exchange rate registered a net change of 10.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0293 was up 11.45% compared to the 2017 peak of 0.0263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147 BND

2017 Average 127 BND

Yearly Trough Low 126 BND

Transaction Impact: A difference of 20.41 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0293

0.0256

JanuMarcMayJulySeptNove

MKD to BND 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 0.0264, compared to 0.0275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0264

H2 Avg (Jul–Dec) 0.0275

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0041 BND (High: 0.0293 / Low: 0.0253). On the other end, April was the most stable month, with a tight range of 0.0003 BND (High: 0.0264 / Low: 0.0261).

December Spread (Volatile) ±0.0041

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0290) against the same month in 2017 (average: 0.0259), the exchange rate shifted by +0.0031 (+12.04%).

2018 Avg (December) 0.0290

2017 Avg (December) 0.0259

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0264	0.0259	0.0262
February	0.0267	0.0262	0.0265
March	0.0266	0.0262	0.0263
April	0.0264	0.0261	0.0262
May	0.0283	0.0254	0.0260
June	0.0290	0.0253	0.0273
July	0.0288	0.0256	0.0269
August	0.0287	0.0257	0.0282
September	0.0289	0.0260	0.0280
October	0.0266	0.0254	0.0263
November	0.0289	0.0253	0.0268
December	0.0293	0.0253	0.0290

2018 MKD నుండి BND చారిత్రక సమీక్ష