YEARLY HIGH
41.6090 MKD
YEARLY LOW
38.1402 MKD
YEARLY AVERAGE
40.2382 MKD

2018 CAD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 41.6090. Conversely, the yearly low was recorded on March 19, dropping to 38.1402.

This high-to-low spread represents a total annual volatility of 3.4688 MKD. From a start-to-finish perspective, comparing the January average rate of 40.6074 to the December average rate of 40.2314, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 41.6090 was down 6.52% compared to the 2017 peak of 44.5113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 208,045 MKD
2017 Average 210,363 MKD
Yearly Trough Low 190,701 MKD
Transaction Impact: A difference of 17,343.93 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

41.4056
38.3676
JanuMarcMayJulySeptNove

CAD 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 39.8057, compared to 40.6706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8649 points.

H1 Avg (Jan–Jun) 39.8057
H2 Avg (Jul–Dec) 40.6706

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 1.7569 MKD (High: 41.1506 / Low: 39.3938). On the other end, July was the most stable month, with a tight range of 0.6099 MKD (High: 40.4689 / Low: 39.8590).

December Spread (Volatile) ±1.7569
July Spread (Stable) ±0.6099

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 1.0462 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 41.1525) against the same month in 2017 (average: 41.5933), the exchange rate shifted by -0.4408 (-1.06%).

2018 Avg (October) 41.1525
2017 Avg (October) 41.5933

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.3771 40.1399 40.6074
February 40.1490 39.2638 39.6669
March 39.1012 38.1402 38.6207
April 39.7242 38.7282 39.3805
May 40.9524 39.7158 40.4659
June 40.7234 39.4151 40.0926
July 40.4689 39.8590 40.1283
August 41.5495 40.6065 40.9214
September 41.3345 40.1742 40.5738
October 41.6090 40.8324 41.1525
November 41.3038 40.5718 41.0164
December 41.1506 39.3938 40.2314