YEARLY HIGH
0.0166 EUR
YEARLY LOW
0.0161 EUR
YEARLY AVERAGE
0.0162 EUR

2018 MKD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.0166. Conversely, the yearly low was recorded on November 29, dropping to 0.0161.

This high-to-low spread represents a total annual volatility of 0.0005 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0162 to the December average rate of 0.0162, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0166 was up 1.65% compared to the 2017 peak of 0.0163, 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 83 EUR
2017 Average 81 EUR
Yearly Trough Low 80 EUR
Transaction Impact: A difference of 2.60 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0163
0.0162
JanuMarcMayJulySeptNove

MKD to EUR 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 0.0162, compared to 0.0162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0162
H2 Avg (Jul–Dec) 0.0162

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0004 EUR (High: 0.0166 / Low: 0.0162). On the other end, February was the most stable month, with a tight range of 0.0000 EUR (High: 0.0163 / Low: 0.0162).

June Spread (Volatile) ±0.0004
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.0163) against the same month in 2017 (average: 0.0162), the exchange rate shifted by +0.0001 (+0.38%).

2018 Avg (June) 0.0163
2017 Avg (June) 0.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0163 0.0162 0.0162
February 0.0163 0.0162 0.0162
March 0.0163 0.0162 0.0162
April 0.0163 0.0162 0.0162
May 0.0163 0.0162 0.0162
June 0.0166 0.0162 0.0163
July 0.0162 0.0162 0.0162
August 0.0163 0.0162 0.0162
September 0.0163 0.0162 0.0162
October 0.0163 0.0162 0.0162
November 0.0163 0.0161 0.0163
December 0.0163 0.0162 0.0162