YEARLY HIGH
0.3586 EGP
YEARLY LOW
0.3277 EGP
YEARLY AVERAGE
0.3416 EGP

2018 MKD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.3586. Conversely, the yearly low was recorded on December 2, dropping to 0.3277.

This high-to-low spread represents a total annual volatility of 0.0309 EGP. From a start-to-finish perspective, comparing the January average rate of 0.3507 to the December average rate of 0.3310, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3586 was up 3.37% compared to the 2017 peak of 0.3469, 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 1,793 EGP
2017 Average 1,636 EGP
Yearly Trough Low 1,638 EGP
Transaction Impact: A difference of 154.51 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3566
0.3283
JanuMarcMayJulySeptNove

MKD to EGP 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 0.3486, compared to 0.3347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.3486
H2 Avg (Jul–Dec) 0.3347

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0144 EGP (High: 0.3567 / Low: 0.3424). On the other end, July was the most stable month, with a tight range of 0.0050 EGP (High: 0.3421 / Low: 0.3371).

January Spread (Volatile) ±0.0144
July Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0106 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.3542) against the same month in 2017 (average: 0.2936), the exchange rate shifted by +0.0607 (+20.67%).

2018 Avg (February) 0.3542
2017 Avg (February) 0.2936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3567 0.3424 0.3507
February 0.3586 0.3496 0.3542
March 0.3572 0.3506 0.3530
April 0.3560 0.3463 0.3522
May 0.3486 0.3358 0.3416
June 0.3434 0.3358 0.3396
July 0.3421 0.3371 0.3395
August 0.3401 0.3296 0.3348
September 0.3425 0.3353 0.3384
October 0.3376 0.3294 0.3340
November 0.3336 0.3278 0.3307
December 0.3332 0.3277 0.3310