YEARLY HIGH
62.1310 MKD
YEARLY LOW
60.1882 MKD
YEARLY AVERAGE
61.5671 MKD

2018 EUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 62.1310. Conversely, the yearly low was recorded on June 14, dropping to 60.1882.

This high-to-low spread represents a total annual volatility of 1.9429 MKD. From a start-to-finish perspective, comparing the January average rate of 61.5796 to the December average rate of 61.5553, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 62.1310 was down 0.93% compared to the 2017 peak of 62.7167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 310,655 MKD
2017 Average 308,030 MKD
Yearly Trough Low 300,941 MKD
Transaction Impact: A difference of 9,714.36 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

61.6301
61.4129
JanuMarcMayJulySeptNove

EUR 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 61.5589, compared to 61.5754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 61.5589
H2 Avg (Jul–Dec) 61.5754

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 1.5724 MKD (High: 61.7606 / Low: 60.1882). On the other end, February was the most stable month, with a tight range of 0.1569 MKD (High: 61.6668 / Low: 61.5099).

June Spread (Volatile) ±1.5724
February Spread (Stable) ±0.1569

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1460 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 61.5182) against the same month in 2017 (average: 61.5779), the exchange rate shifted by -0.0597 (-0.10%).

2018 Avg (November) 61.5182
2017 Avg (November) 61.5779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61.8280 61.2042 61.5796
February 61.6668 61.5099 61.5894
March 61.7217 61.5008 61.5832
April 61.7689 61.4104 61.5933
May 61.7855 61.1782 61.5771
June 61.7606 60.1882 61.4310
July 61.7480 61.5565 61.6120
August 61.7579 61.5001 61.6022
September 61.6713 61.4756 61.5842
October 61.7962 61.3142 61.5803
November 62.1310 61.2549 61.5182
December 61.8700 61.2284 61.5553