YEARLY HIGH
0.0607 MKD
YEARLY LOW
0.0547 MKD
YEARLY AVERAGE
0.0580 MKD

2018 KPW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KPW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0607. Conversely, the yearly low was recorded on February 1, dropping to 0.0547.

This high-to-low spread represents a total annual volatility of 0.0060 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0561 to the December average rate of 0.0601, the exchange rate registered a net change of 7.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0607 was down 7.57% compared to the 2017 peak of 0.0657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 303 MKD
2017 Average 303 MKD
Yearly Trough Low 273 MKD
Transaction Impact: A difference of 30.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0606
0.0550
JanuMarcMayJulySeptNove

KPW 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 0.0565, compared to 0.0594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0565
H2 Avg (Jul–Dec) 0.0594

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0026 MKD (High: 0.0593 / Low: 0.0567). On the other end, July was the most stable month, with a tight range of 0.0006 MKD (High: 0.0588 / Low: 0.0582).

May Spread (Volatile) ±0.0026
July Spread (Stable) ±0.0006

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 0.0007 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0601) against the same month in 2017 (average: 0.0583), the exchange rate shifted by +0.0019 (+3.22%).

2018 Avg (November) 0.0601
2017 Avg (November) 0.0583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0574 0.0551 0.0561
February 0.0561 0.0547 0.0554
March 0.0559 0.0549 0.0555
April 0.0566 0.0553 0.0558
May 0.0593 0.0567 0.0579
June 0.0592 0.0578 0.0585
July 0.0588 0.0582 0.0585
August 0.0603 0.0584 0.0593
September 0.0592 0.0581 0.0587
October 0.0604 0.0590 0.0596
November 0.0607 0.0597 0.0601
December 0.0606 0.0597 0.0601