YEARLY HIGH
4.2158 GYD
YEARLY LOW
3.8218 GYD
YEARLY AVERAGE
3.9970 GYD

2018 MKD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 4.2158. Conversely, the yearly low was recorded on November 12, dropping to 3.8218.

This high-to-low spread represents a total annual volatility of 0.3940 GYD. From a start-to-finish perspective, comparing the January average rate of 4.1026 to the December average rate of 3.8650, the exchange rate registered a net change of -5.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.2158 was up 3.40% compared to the 2017 peak of 4.0771, 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 21,079 GYD
2017 Average 19,025 GYD
Yearly Trough Low 19,109 GYD
Transaction Impact: A difference of 1,969.94 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.1822
3.8310
JanuMarcMayJulySeptNove

MKD to GYD 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 4.0851, compared to 3.9088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1763 points.

H1 Avg (Jan–Jun) 4.0851
H2 Avg (Jul–Dec) 3.9088

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.2007 GYD (High: 4.1867 / Low: 3.9860). On the other end, March was the most stable month, with a tight range of 0.0636 GYD (High: 4.1789 / Low: 4.1154).

January Spread (Volatile) ±0.2007
March Spread (Stable) ±0.0636

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 0.1183 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 4.1530) against the same month in 2017 (average: 3.5811), the exchange rate shifted by +0.5719 (+15.97%).

2018 Avg (February) 4.1530
2017 Avg (February) 3.5811

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.1867 3.9860 4.1026
February 4.2158 4.0971 4.1530
March 4.1789 4.1154 4.1455
April 4.1604 4.0822 4.1289
May 4.1062 3.9232 4.0107
June 4.0087 3.9254 3.9702
July 3.9956 3.8986 3.9620
August 3.9766 3.8467 3.9142
September 3.9965 3.9255 3.9542
October 3.9428 3.8423 3.8973
November 3.8924 3.8218 3.8603
December 3.8941 3.8229 3.8650