2018 FJD to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 FJD to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the FJD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 25.9558. Conversely, the yearly low was recorded on March 27, dropping to 24.3170.
This high-to-low spread represents a total annual volatility of 1.6388 MKD. From a start-to-finish perspective, comparing the January average rate of 24.9809 to the December average rate of 25.4879, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 25.9558 was down 9.12% compared to the 2017 peak of 28.5614, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
FJD to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.8726, compared to 25.2217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3491 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 1.0655 MKD (High: 25.6260 / Low: 24.5604). On the other end, April was the most stable month, with a tight range of 0.3717 MKD (High: 24.7645 / Low: 24.3928).
Growth Streaks & Declines
TrendsBetween April and June, 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 August and September, when the average rate fell by 0.4158 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 25.5614) against the same month in 2017 (average: 25.2974), the exchange rate shifted by +0.2640 (+1.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.2551 | 24.7008 | 24.9809 |
| February | 24.9388 | 24.4277 | 24.7148 |
| March | 24.8151 | 24.3170 | 24.5932 |
| April | 24.7645 | 24.3928 | 24.5880 |
| May | 25.6260 | 24.5604 | 25.0507 |
| June | 25.6139 | 24.9567 | 25.3081 |
| July | 25.2854 | 24.8825 | 25.1165 |
| August | 25.6100 | 25.0108 | 25.2944 |
| September | 25.1344 | 24.6013 | 24.8787 |
| October | 25.3458 | 24.6795 | 24.9914 |
| November | 25.9558 | 24.9742 | 25.5614 |
| December | 25.9203 | 25.0287 | 25.4879 |