YEARLY HIGH
61.2905 COP
YEARLY LOW
53.5901 COP
YEARLY AVERAGE
56.6725 COP

2018 MKD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 61.2905. Conversely, the yearly low was recorded on May 23, dropping to 53.5901.

This high-to-low spread represents a total annual volatility of 7.7003 COP. From a start-to-finish perspective, comparing the January average rate of 56.8282 to the December average rate of 59.5741, the exchange rate registered a net change of 4.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 61.2905 was up 4.16% compared to the 2017 peak of 58.8411, 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 306,452 COP
2017 Average 270,800 COP
Yearly Trough Low 267,951 COP
Transaction Impact: A difference of 38,501.73 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

60.0664
54.1590
JanuMarcMayJulySeptNove

MKD to COP 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 56.0778, compared to 57.2672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1894 points.

H1 Avg (Jan–Jun) 56.0778
H2 Avg (Jul–Dec) 57.2672

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 3.9750 COP (High: 59.7866 / Low: 55.8116). On the other end, July was the most stable month, with a tight range of 1.4814 COP (High: 55.4160 / Low: 53.9345).

January Spread (Volatile) ±3.9750
July Spread (Stable) ±1.4814

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.6131 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.6131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 59.5741) against the same month in 2017 (average: 57.4967), the exchange rate shifted by +2.0774 (+3.61%).

2018 Avg (December) 59.5741
2017 Avg (December) 57.4967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.7866 55.8116 56.8282
February 58.8896 56.1358 57.4421
March 58.0809 55.7930 56.9459
April 56.4191 54.1572 55.3328
May 55.7795 53.5901 55.0027
June 55.7897 53.9031 54.9151
July 55.4160 53.9345 54.6512
August 57.3799 54.1580 55.4481
September 58.5004 56.0672 57.4256
October 59.1265 55.8572 57.5596
November 59.7096 57.8844 58.9446
December 61.2905 58.1881 59.5741