YEARLY HIGH
0.0262 CAD
YEARLY LOW
0.0240 CAD
YEARLY AVERAGE
0.0249 CAD

2018 MKD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0262. Conversely, the yearly low was recorded on October 3, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0022 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0246 to the December average rate of 0.0249, the exchange rate registered a net change of 0.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0262 was up 5.26% compared to the 2017 peak of 0.0249, 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 131 CAD
2017 Average 119 CAD
Yearly Trough Low 120 CAD
Transaction Impact: A difference of 10.93 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0261
0.0241
JanuMarcMayJulySeptNove

MKD to CAD 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 0.0251, compared to 0.0246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0251
H2 Avg (Jul–Dec) 0.0246

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0011 CAD (High: 0.0254 / Low: 0.0243). On the other end, July was the most stable month, with a tight range of 0.0004 CAD (High: 0.0251 / Low: 0.0247).

December Spread (Volatile) ±0.0011
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0259) against the same month in 2017 (average: 0.0232), the exchange rate shifted by +0.0027 (+11.60%).

2018 Avg (March) 0.0259
2017 Avg (March) 0.0232

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0249 0.0242 0.0246
February 0.0255 0.0249 0.0252
March 0.0262 0.0256 0.0259
April 0.0258 0.0252 0.0254
May 0.0252 0.0244 0.0247
June 0.0254 0.0246 0.0249
July 0.0251 0.0247 0.0249
August 0.0246 0.0241 0.0244
September 0.0249 0.0242 0.0246
October 0.0245 0.0240 0.0243
November 0.0246 0.0242 0.0244
December 0.0254 0.0243 0.0249