2018 KWD to MKD Historical Review

YEARLY HIGH

179.4633 MKD

YEARLY LOW

164.2408 MKD

YEARLY AVERAGE

172.6684 MKD

2018 KWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 179.4633. Conversely, the yearly low was recorded on February 1, dropping to 164.2408.

This high-to-low spread represents a total annual volatility of 15.2225 MKD. From a start-to-finish perspective, comparing the January average rate of 167.8766 to the December average rate of 177.9772, the exchange rate registered a net change of 6.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 179.4633 was down 7.00% compared to the 2017 peak of 192.9689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 897,316 MKD

2017 Average 900,018 MKD

Yearly Trough Low 821,204 MKD

Transaction Impact: A difference of 76,112.46 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

179.2352

165.2515

JanuMarcMayJulySeptNove

KWD 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 169.0969, compared to 176.2400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1431 points.

H1 Avg (Jan–Jun) 169.0969

H2 Avg (Jul–Dec) 176.2400

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 6.9861 MKD (High: 176.4008 / Low: 169.4147). On the other end, July was the most stable month, with a tight range of 1.7760 MKD (High: 174.8690 / Low: 173.0930).

May Spread (Volatile) ±6.9861

July Spread (Stable) ±1.7760

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 1.6038 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.6038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 178.0699) against the same month in 2017 (average: 173.4954), the exchange rate shifted by +4.5744 (+2.64%).

2018 Avg (November) 178.0699

2017 Avg (November) 173.4954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	171.2014	165.3624	167.8766
February	168.5438	164.2408	166.4168
March	167.5259	164.9912	166.5158
April	169.3825	165.8324	167.2054
May	176.4008	169.4147	172.5987
June	176.0729	171.9914	173.9680
July	174.8690	173.0930	174.0322
August	178.9698	173.7903	176.1512
September	175.9291	172.8125	174.5474
October	178.9379	175.1511	176.6619
November	179.4633	176.7730	178.0699
December	179.2839	176.9130	177.9772