YEARLY HIGH
0.4277 CZK
YEARLY LOW
0.4094 CZK
YEARLY AVERAGE
0.4166 CZK

2018 MKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.4277. Conversely, the yearly low was recorded on February 1, dropping to 0.4094.

This high-to-low spread represents a total annual volatility of 0.0183 CZK. From a start-to-finish perspective, comparing the January average rate of 0.4131 to the December average rate of 0.4198, the exchange rate registered a net change of 1.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4277 was down 3.16% compared to the 2017 peak of 0.4416, 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 2,138 CZK
2017 Average 2,137 CZK
Yearly Trough Low 2,047 CZK
Transaction Impact: A difference of 91.28 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4226
0.4102
JanuMarcMayJulySeptNove

MKD to CZK 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 0.4142, compared to 0.4189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.4142
H2 Avg (Jul–Dec) 0.4189

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0116 CZK (High: 0.4277 / Low: 0.4160). On the other end, August was the most stable month, with a tight range of 0.0030 CZK (High: 0.4185 / Low: 0.4156).

June Spread (Volatile) ±0.0116
August Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.4200) against the same month in 2017 (average: 0.4257), the exchange rate shifted by -0.0057 (-1.34%).

2018 Avg (June) 0.4200
2017 Avg (June) 0.4257

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4173 0.4104 0.4131
February 0.4130 0.4094 0.4113
March 0.4141 0.4109 0.4128
April 0.4155 0.4103 0.4120
May 0.4214 0.4137 0.4163
June 0.4277 0.4160 0.4200
July 0.4242 0.4154 0.4195
August 0.4185 0.4156 0.4172
September 0.4185 0.4130 0.4163
October 0.4221 0.4180 0.4194
November 0.4239 0.4178 0.4215
December 0.4232 0.4167 0.4198