2018 VUV to MKD Historical Review

YEARLY HIGH

0.5004 MKD

YEARLY LOW

0.4641 MKD

YEARLY AVERAGE

0.4833 MKD

2018 VUV to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the VUV to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.5004. Conversely, the yearly low was recorded on February 14, dropping to 0.4641.

This high-to-low spread represents a total annual volatility of 0.0363 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4796 to the December average rate of 0.4881, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5004 was down 8.34% compared to the 2017 peak of 0.5460, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,502 MKD

2017 Average 2,553 MKD

Yearly Trough Low 2,321 MKD

Transaction Impact: A difference of 181.49 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4939

0.4717

JanuMarcMayJulySeptNove

VUV 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 0.4792, compared to 0.4874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.4792

H2 Avg (Jul–Dec) 0.4874

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0206 MKD (High: 0.4954 / Low: 0.4748). On the other end, July was the most stable month, with a tight range of 0.0074 MKD (High: 0.4891 / Low: 0.4817).

May Spread (Volatile) ±0.0206

July Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0048 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.4920) against the same month in 2017 (average: 0.5001), the exchange rate shifted by -0.0081 (-1.62%).

2018 Avg (August) 0.4920

2017 Avg (August) 0.5001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4870	0.4729	0.4796
February	0.4797	0.4641	0.4753
March	0.4780	0.4657	0.4735
April	0.4812	0.4689	0.4740
May	0.4954	0.4748	0.4837
June	0.4932	0.4840	0.4892
July	0.4891	0.4817	0.4854
August	0.5004	0.4847	0.4920
September	0.4912	0.4820	0.4872
October	0.4902	0.4770	0.4828
November	0.4926	0.4834	0.4886
December	0.4962	0.4832	0.4881