YEARLY HIGH
0.7968 MKD
YEARLY LOW
0.7195 MKD
YEARLY AVERAGE
0.7622 MKD

2018 KGS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KGS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.7968. Conversely, the yearly low was recorded on February 1, dropping to 0.7195.

This high-to-low spread represents a total annual volatility of 0.0773 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7311 to the December average rate of 0.7875, the exchange rate registered a net change of 7.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7968 was down 14.89% compared to the 2017 peak of 0.9363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,984 MKD
2017 Average 3,973 MKD
Yearly Trough Low 3,598 MKD
Transaction Impact: A difference of 386.58 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7936
0.7242
JanuMarcMayJulySeptNove

KGS 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 0.7429, compared to 0.7815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0386 points.

H1 Avg (Jan–Jun) 0.7429
H2 Avg (Jul–Dec) 0.7815

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0398 MKD (High: 0.7814 / Low: 0.7416). On the other end, July was the most stable month, with a tight range of 0.0099 MKD (High: 0.7765 / Low: 0.7666).

May Spread (Volatile) ±0.0398
July Spread (Stable) ±0.0099

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 August and September, when the average rate fell by 0.0077 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.7835) against the same month in 2017 (average: 0.7691), the exchange rate shifted by +0.0143 (+1.86%).

2018 Avg (August) 0.7835
2017 Avg (August) 0.7691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7473 0.7207 0.7311
February 0.7420 0.7195 0.7300
March 0.7371 0.7252 0.7325
April 0.7445 0.7264 0.7337
May 0.7814 0.7416 0.7600
June 0.7822 0.7613 0.7702
July 0.7765 0.7666 0.7722
August 0.7968 0.7718 0.7835
September 0.7822 0.7674 0.7758
October 0.7920 0.7751 0.7823
November 0.7950 0.7815 0.7878
December 0.7939 0.7818 0.7875