YEARLY HIGH
1.0005 DOP
YEARLY LOW
0.9135 DOP
YEARLY AVERAGE
0.9514 DOP

2018 MKD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 1.0005. Conversely, the yearly low was recorded on November 13, dropping to 0.9135.

This high-to-low spread represents a total annual volatility of 0.0869 DOP. From a start-to-finish perspective, comparing the January average rate of 0.9608 to the December average rate of 0.9313, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0005 was up 6.11% compared to the 2017 peak of 0.9429, 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 5,002 DOP
2017 Average 4,343 DOP
Yearly Trough Low 4,568 DOP
Transaction Impact: A difference of 434.73 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9954
0.9170
JanuMarcMayJulySeptNove

MKD to DOP 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 0.9682, compared to 0.9347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0335 points.

H1 Avg (Jan–Jun) 0.9682
H2 Avg (Jul–Dec) 0.9347

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0437 DOP (High: 0.9724 / Low: 0.9287). On the other end, July was the most stable month, with a tight range of 0.0126 DOP (High: 0.9475 / Low: 0.9350).

May Spread (Volatile) ±0.0437
July Spread (Stable) ±0.0126

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 0.0353 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.9888) against the same month in 2017 (average: 0.8165), the exchange rate shifted by +0.1724 (+21.11%).

2018 Avg (March) 0.9888
2017 Avg (March) 0.8165

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9810 0.9382 0.9608
February 0.9948 0.9651 0.9807
March 1.0005 0.9812 0.9888
April 0.9958 0.9721 0.9862
May 0.9724 0.9287 0.9509
June 0.9537 0.9307 0.9415
July 0.9475 0.9350 0.9422
August 0.9503 0.9189 0.9337
September 0.9573 0.9396 0.9457
October 0.9411 0.9157 0.9317
November 0.9358 0.9135 0.9235
December 0.9405 0.9175 0.9313