YEARLY HIGH
1.0947 MKD
YEARLY LOW
0.9995 MKD
YEARLY AVERAGE
1.0517 MKD

2018 DOP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DOP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 1.0947. Conversely, the yearly low was recorded on March 26, dropping to 0.9995.

This high-to-low spread represents a total annual volatility of 0.0951 MKD. From a start-to-finish perspective, comparing the January average rate of 1.0410 to the December average rate of 1.0738, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0947 was down 13.89% compared to the 2017 peak of 1.2713, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,473 MKD
2017 Average 5,772 MKD
Yearly Trough Low 4,998 MKD
Transaction Impact: A difference of 475.67 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0900
1.0042
JanuMarcMayJulySeptNove

DOP 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 1.0333, compared to 1.0700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 1.0333
H2 Avg (Jul–Dec) 1.0700

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0483 MKD (High: 1.0768 / Low: 1.0284). On the other end, July was the most stable month, with a tight range of 0.0142 MKD (High: 1.0696 / Low: 1.0554).

May Spread (Volatile) ±0.0483
July Spread (Stable) ±0.0142

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 January and February, when the average rate fell by 0.0213 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.0828) against the same month in 2017 (average: 1.0923), the exchange rate shifted by -0.0095 (-0.87%).

2018 Avg (November) 1.0828
2017 Avg (November) 1.0923

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0659 1.0194 1.0410
February 1.0361 1.0052 1.0197
March 1.0191 0.9995 1.0113
April 1.0287 1.0042 1.0141
May 1.0768 1.0284 1.0518
June 1.0745 1.0485 1.0621
July 1.0696 1.0554 1.0613
August 1.0883 1.0523 1.0712
September 1.0643 1.0446 1.0575
October 1.0920 1.0625 1.0734
November 1.0947 1.0686 1.0828
December 1.0900 1.0633 1.0738