2018 MKD to TRY Historical Review

YEARLY HIGH

0.1287 TRY

YEARLY LOW

0.0730 TRY

YEARLY AVERAGE

0.0925 TRY

2018 MKD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.1287. Conversely, the yearly low was recorded on January 7, dropping to 0.0730.

This high-to-low spread represents a total annual volatility of 0.0557 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0747 to the December average rate of 0.0982, the exchange rate registered a net change of 31.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1287 was up 67.86% compared to the 2017 peak of 0.0767, 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 643 TRY

2017 Average 334 TRY

Yearly Trough Low 365 TRY

Transaction Impact: A difference of 278.38 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1239

0.0702

JanuMarcMayJulySeptNove

MKD to TRY 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 0.0804, compared to 0.1045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0241 points.

H1 Avg (Jan–Jun) 0.0804

H2 Avg (Jul–Dec) 0.1045

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0343 TRY (High: 0.1287 / Low: 0.0944). On the other end, February was the most stable month, with a tight range of 0.0012 TRY (High: 0.0765 / Low: 0.0753).

August Spread (Volatile) ±0.0343

February Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0109 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.1112) against the same month in 2017 (average: 0.0672), the exchange rate shifted by +0.0440 (+65.56%).

2018 Avg (August) 0.1112

2017 Avg (August) 0.0672

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0762	0.0730	0.0747
February	0.0765	0.0753	0.0759
March	0.0803	0.0759	0.0780
April	0.0831	0.0792	0.0810
May	0.0905	0.0805	0.0850
June	0.0911	0.0856	0.0880
July	0.0934	0.0871	0.0906
August	0.1287	0.0944	0.1112
September	0.1253	0.1136	0.1195
October	0.1157	0.1011	0.1085
November	0.1025	0.0948	0.0991
December	0.0992	0.0953	0.0982

2018 MKD నుండి TRY చారిత్రక సమీక్ష