2018 MKD to DKK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MKD to DKK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MKD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.1238. Conversely, the yearly low was recorded on November 29, dropping to 0.1201.
This high-to-low spread represents a total annual volatility of 0.0037 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1209 to the December average rate of 0.1213, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.1238 was up 1.88% compared to the 2017 peak of 0.1215, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MKD to DKK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1210, compared to 0.1212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 0.0030 DKK (High: 0.1238 / Low: 0.1208). On the other end, March was the most stable month, with a tight range of 0.0003 DKK (High: 0.1211 / Low: 0.1208).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 0.0003 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 0.1213) against the same month in 2017 (average: 0.1206), the exchange rate shifted by +0.0007 (+0.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1217 | 0.1204 | 0.1209 |
| February | 0.1210 | 0.1207 | 0.1209 |
| March | 0.1211 | 0.1208 | 0.1210 |
| April | 0.1213 | 0.1206 | 0.1210 |
| May | 0.1218 | 0.1206 | 0.1210 |
| June | 0.1238 | 0.1208 | 0.1213 |
| July | 0.1211 | 0.1208 | 0.1210 |
| August | 0.1212 | 0.1209 | 0.1211 |
| September | 0.1213 | 0.1210 | 0.1211 |
| October | 0.1217 | 0.1208 | 0.1212 |
| November | 0.1218 | 0.1201 | 0.1213 |
| December | 0.1219 | 0.1206 | 0.1213 |