YEARLY HIGH
0.0411 FJD
YEARLY LOW
0.0385 FJD
YEARLY AVERAGE
0.0399 FJD

2018 MKD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.0411. Conversely, the yearly low was recorded on November 28, dropping to 0.0385.

This high-to-low spread represents a total annual volatility of 0.0026 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0400 to the December average rate of 0.0392, the exchange rate registered a net change of -1.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0411 was up 2.04% compared to the 2017 peak of 0.0403, 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 206 FJD
2017 Average 189 FJD
Yearly Trough Low 193 FJD
Transaction Impact: A difference of 12.98 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0408
0.0390
JanuMarcMayJulySeptNove

MKD to FJD 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 0.0402, compared to 0.0397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0402
H2 Avg (Jul–Dec) 0.0397

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0017 FJD (High: 0.0407 / Low: 0.0390). On the other end, April was the most stable month, with a tight range of 0.0006 FJD (High: 0.0410 / Low: 0.0404).

May Spread (Volatile) ±0.0017
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0407) against the same month in 2017 (average: 0.0360), the exchange rate shifted by +0.0047 (+12.92%).

2018 Avg (March) 0.0407
2017 Avg (March) 0.0360

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0405 0.0396 0.0400
February 0.0409 0.0401 0.0405
March 0.0411 0.0403 0.0407
April 0.0410 0.0404 0.0407
May 0.0407 0.0390 0.0399
June 0.0401 0.0390 0.0395
July 0.0402 0.0395 0.0398
August 0.0400 0.0390 0.0395
September 0.0406 0.0398 0.0402
October 0.0405 0.0395 0.0400
November 0.0400 0.0385 0.0391
December 0.0400 0.0386 0.0392