2018 HKD to MKD Historical Review

YEARLY HIGH

6.9789 MKD

YEARLY LOW

6.2942 MKD

YEARLY AVERAGE

6.6552 MKD

2018 HKD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 6.9789. Conversely, the yearly low was recorded on February 1, dropping to 6.2942.

This high-to-low spread represents a total annual volatility of 0.6846 MKD. From a start-to-finish perspective, comparing the January average rate of 6.4559 to the December average rate of 6.9172, the exchange rate registered a net change of 7.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.9789 was down 8.41% compared to the 2017 peak of 7.6198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 174,471 MKD

2017 Average 175,240 MKD

Yearly Trough Low 157,356 MKD

Transaction Impact: A difference of 17,115.43 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.9721

6.3125

JanuMarcMayJulySeptNove

HKD 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 6.4892, compared to 6.8212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3320 points.

H1 Avg (Jan–Jun) 6.4892

H2 Avg (Jul–Dec) 6.8212

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.3001 MKD (High: 6.8000 / Low: 6.4999). On the other end, July was the most stable month, with a tight range of 0.0686 MKD (High: 6.7420 / Low: 6.6735).

May Spread (Volatile) ±0.3001

July Spread (Stable) ±0.0686

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0780 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0780

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 6.9172) against the same month in 2017 (average: 6.6543), the exchange rate shifted by +0.2629 (+3.95%).

2018 Avg (December) 6.9172

2017 Avg (December) 6.6543

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5988	6.3381	6.4559
February	6.4534	6.2942	6.3778
March	6.4101	6.2987	6.3675
April	6.4954	6.3349	6.3936
May	6.8000	6.4999	6.6370
June	6.7856	6.6304	6.7035
July	6.7420	6.6735	6.7133
August	6.9168	6.7005	6.8006
September	6.7895	6.6674	6.7443
October	6.9337	6.7749	6.8388
November	6.9751	6.8580	6.9135
December	6.9789	6.8590	6.9172