YEARLY HIGH
0.4601 MKD
YEARLY LOW
0.4340 MKD
YEARLY AVERAGE
0.4473 MKD

2018 DZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 0.4601. Conversely, the yearly low was recorded on February 1, dropping to 0.4340.

This high-to-low spread represents a total annual volatility of 0.0260 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4421 to the December average rate of 0.4563, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4601 was down 13.70% compared to the 2017 peak of 0.5331, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,300 MKD
2017 Average 2,465 MKD
Yearly Trough Low 2,170 MKD
Transaction Impact: A difference of 130.25 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4585
0.4362
JanuMarcMayJulySeptNove

DZD 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 0.4427, compared to 0.4519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.4427
H2 Avg (Jul–Dec) 0.4519

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0119 MKD (High: 0.4557 / Low: 0.4439). On the other end, July was the most stable month, with a tight range of 0.0032 MKD (High: 0.4496 / Low: 0.4464).

May Spread (Volatile) ±0.0119
July Spread (Stable) ±0.0032

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 0.0040 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.4567) against the same month in 2017 (average: 0.4562), the exchange rate shifted by +0.0004 (+0.10%).

2018 Avg (November) 0.4567
2017 Avg (November) 0.4562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4486 0.4368 0.4421
February 0.4415 0.4340 0.4381
March 0.4399 0.4346 0.4381
April 0.4437 0.4366 0.4392
May 0.4557 0.4439 0.4493
June 0.4530 0.4438 0.4498
July 0.4496 0.4464 0.4479
August 0.4555 0.4470 0.4509
September 0.4507 0.4449 0.4479
October 0.4562 0.4483 0.4517
November 0.4601 0.4537 0.4567
December 0.4597 0.4536 0.4563