YEARLY HIGH
0.0957 MKD
YEARLY LOW
0.0860 MKD
YEARLY AVERAGE
0.0905 MKD

2018 CRC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CRC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.0957. Conversely, the yearly low was recorded on November 7, dropping to 0.0860.

This high-to-low spread represents a total annual volatility of 0.0097 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0890 to the December average rate of 0.0904, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0957 was down 10.84% compared to the 2017 peak of 0.1073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 478 MKD
2017 Average 483 MKD
Yearly Trough Low 430 MKD
Transaction Impact: A difference of 48.55 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0947
0.0867
JanuMarcMayJulySeptNove

CRC 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 0.0896, compared to 0.0913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0896
H2 Avg (Jul–Dec) 0.0913

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0052 MKD (High: 0.0911 / Low: 0.0860). On the other end, July was the most stable month, with a tight range of 0.0009 MKD (High: 0.0933 / Low: 0.0923).

November Spread (Volatile) ±0.0052
July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between 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 0.0028 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0940) against the same month in 2017 (average: 0.0906), the exchange rate shifted by +0.0034 (+3.80%).

2018 Avg (August) 0.0940
2017 Avg (August) 0.0906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0911 0.0871 0.0890
February 0.0886 0.0863 0.0873
March 0.0886 0.0870 0.0878
April 0.0900 0.0878 0.0886
May 0.0943 0.0900 0.0920
June 0.0938 0.0918 0.0928
July 0.0933 0.0923 0.0929
August 0.0957 0.0924 0.0940
September 0.0927 0.0903 0.0913
October 0.0920 0.0893 0.0906
November 0.0911 0.0860 0.0887
December 0.0914 0.0890 0.0904