YEARLY HIGH
0.1499 GTQ
YEARLY LOW
0.1380 GTQ
YEARLY AVERAGE
0.1443 GTQ

2018 MKD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.1499. Conversely, the yearly low was recorded on August 15, dropping to 0.1380.

This high-to-low spread represents a total annual volatility of 0.0118 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1457 to the December average rate of 0.1429, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1499 was up 4.68% compared to the 2017 peak of 0.1432, 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 749 GTQ
2017 Average 674 GTQ
Yearly Trough Low 690 GTQ
Transaction Impact: A difference of 59.21 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1490
0.1398
JanuMarcMayJulySeptNove

MKD to GTQ 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 0.1458, compared to 0.1429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1458
H2 Avg (Jul–Dec) 0.1429

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0060 GTQ (High: 0.1483 / Low: 0.1423). On the other end, July was the most stable month, with a tight range of 0.0014 GTQ (High: 0.1431 / Low: 0.1417).

January Spread (Volatile) ±0.0060
July Spread (Stable) ±0.0014

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 0.0049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.1482) against the same month in 2017 (average: 0.1275), the exchange rate shifted by +0.0207 (+16.24%).

2018 Avg (March) 0.1482
2017 Avg (March) 0.1275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1483 0.1423 0.1457
February 0.1494 0.1459 0.1476
March 0.1499 0.1470 0.1482
April 0.1491 0.1456 0.1478
May 0.1458 0.1402 0.1429
June 0.1440 0.1408 0.1424
July 0.1431 0.1417 0.1423
August 0.1436 0.1380 0.1406
September 0.1474 0.1426 0.1449
October 0.1459 0.1424 0.1442
November 0.1437 0.1411 0.1424
December 0.1440 0.1418 0.1429