YEARLY HIGH
0.0077 BHD
YEARLY LOW
0.0069 BHD
YEARLY AVERAGE
0.0072 BHD

2018 MKD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0077. Conversely, the yearly low was recorded on November 13, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0008 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0070, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0077 was up 3.97% compared to the 2017 peak of 0.0074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38 BHD
2017 Average 35 BHD
Yearly Trough Low 35 BHD
Transaction Impact: A difference of 3.79 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0076
0.0069
JanuMarcMayJulySeptNove

MKD to BHD 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 0.0074, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0074
H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0003 BHD (High: 0.0074 / Low: 0.0071). On the other end, July was the most stable month, with a tight range of 0.0001 BHD (High: 0.0073 / Low: 0.0071).

May Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0076) against the same month in 2017 (average: 0.0065), the exchange rate shifted by +0.0010 (+16.04%).

2018 Avg (February) 0.0076
2017 Avg (February) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0076 0.0073 0.0075
February 0.0077 0.0075 0.0076
March 0.0076 0.0075 0.0076
April 0.0076 0.0074 0.0075
May 0.0074 0.0071 0.0072
June 0.0073 0.0071 0.0072
July 0.0073 0.0071 0.0072
August 0.0072 0.0069 0.0071
September 0.0072 0.0071 0.0071
October 0.0071 0.0069 0.0070
November 0.0070 0.0069 0.0070
December 0.0070 0.0069 0.0070