2018 AWG to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 AWG to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the AWG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 30.3457. Conversely, the yearly low was recorded on February 1, dropping to 27.4781.
This high-to-low spread represents a total annual volatility of 2.8676 MKD. From a start-to-finish perspective, comparing the January average rate of 28.1944 to the December average rate of 30.0551, the exchange rate registered a net change of 6.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 30.3457 was down 7.92% compared to the 2017 peak of 32.9568, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AWG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
AWG to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 28.4440, compared to 29.7545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3105 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 1.3443 MKD (High: 29.8467 / Low: 28.5024). On the other end, July was the most stable month, with a tight range of 0.3354 MKD (High: 29.6062 / Low: 29.2708).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3819 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 30.0645) against the same month in 2017 (average: 29.3422), the exchange rate shifted by +0.7222 (+2.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.8352 | 27.6760 | 28.1944 |
| February | 28.2545 | 27.4781 | 27.8551 |
| March | 28.1633 | 27.6881 | 27.9702 |
| April | 28.5203 | 27.7808 | 28.0991 |
| May | 29.8467 | 28.5024 | 29.1290 |
| June | 29.7879 | 29.0758 | 29.4165 |
| July | 29.6062 | 29.2708 | 29.4542 |
| August | 30.2645 | 29.3390 | 29.7797 |
| September | 29.7324 | 29.0511 | 29.3978 |
| October | 30.2023 | 29.4832 | 29.7760 |
| November | 30.3457 | 29.8296 | 30.0645 |
| December | 30.3044 | 29.8335 | 30.0551 |