2018 TWD to MKD Historical Review

YEARLY HIGH

1.7769 MKD

YEARLY LOW

1.6826 MKD

YEARLY AVERAGE

1.7310 MKD

2018 TWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 1.7769. Conversely, the yearly low was recorded on February 3, dropping to 1.6826.

This high-to-low spread represents a total annual volatility of 0.0943 MKD. From a start-to-finish perspective, comparing the January average rate of 1.7155 to the December average rate of 1.7582, the exchange rate registered a net change of 2.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7769 was down 7.14% compared to the 2017 peak of 1.9135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,884 MKD

2017 Average 8,973 MKD

Yearly Trough Low 8,413 MKD

Transaction Impact: A difference of 471.37 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7637

1.7001

JanuMarcMayJulySeptNove

TWD 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 1.7222, compared to 1.7398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 1.7222

H2 Avg (Jul–Dec) 1.7398

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0546 MKD (High: 1.7726 / Low: 1.7179). On the other end, July was the most stable month, with a tight range of 0.0137 MKD (High: 1.7319 / Low: 1.7182).

May Spread (Volatile) ±0.0546

July Spread (Stable) ±0.0137

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 June and July, when the average rate fell by 0.0234 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.7584) against the same month in 2017 (average: 1.7422), the exchange rate shifted by +0.0163 (+0.93%).

2018 Avg (November) 1.7584

2017 Avg (November) 1.7422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7477	1.6976	1.7155
February	1.7209	1.6826	1.7054
March	1.7270	1.6946	1.7103
April	1.7226	1.6937	1.7080
May	1.7726	1.7179	1.7451
June	1.7747	1.7265	1.7489
July	1.7319	1.7182	1.7254
August	1.7605	1.7173	1.7396
September	1.7422	1.7019	1.7221
October	1.7573	1.7176	1.7352
November	1.7769	1.7383	1.7584
December	1.7726	1.7466	1.7582