YEARLY HIGH
0.2617 MKD
YEARLY LOW
0.2372 MKD
YEARLY AVERAGE
0.2504 MKD

2018 GYD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GYD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.2617. Conversely, the yearly low was recorded on February 1, dropping to 0.2372.

This high-to-low spread represents a total annual volatility of 0.0245 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2438 to the December average rate of 0.2587, the exchange rate registered a net change of 6.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2617 was down 8.81% compared to the 2017 peak of 0.2869, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,308 MKD
2017 Average 1,317 MKD
Yearly Trough Low 1,186 MKD
Transaction Impact: A difference of 122.26 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2609
0.2390
JanuMarcMayJulySeptNove

GYD 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 0.2449, compared to 0.2559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.2449
H2 Avg (Jul–Dec) 0.2559

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0120 MKD (High: 0.2509 / Low: 0.2389). On the other end, March was the most stable month, with a tight range of 0.0037 MKD (High: 0.2430 / Low: 0.2393).

January Spread (Volatile) ±0.0120
March Spread (Stable) ±0.0037

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 January and February, when the average rate fell by 0.0030 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.2591) against the same month in 2017 (average: 0.2528), the exchange rate shifted by +0.0063 (+2.48%).

2018 Avg (November) 0.2591
2017 Avg (November) 0.2528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2509 0.2389 0.2438
February 0.2441 0.2372 0.2408
March 0.2430 0.2393 0.2412
April 0.2450 0.2404 0.2422
May 0.2549 0.2435 0.2494
June 0.2548 0.2495 0.2519
July 0.2565 0.2503 0.2524
August 0.2600 0.2515 0.2555
September 0.2547 0.2502 0.2529
October 0.2603 0.2536 0.2566
November 0.2617 0.2569 0.2591
December 0.2616 0.2568 0.2587