2018 MKD to HKD Historical Review

YEARLY HIGH

0.1589 HKD

YEARLY LOW

0.1433 HKD

YEARLY AVERAGE

0.1504 HKD

2018 MKD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1589. Conversely, the yearly low was recorded on December 15, dropping to 0.1433.

This high-to-low spread represents a total annual volatility of 0.0156 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1549 to the December average rate of 0.1446, the exchange rate registered a net change of -6.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1589 was up 4.04% compared to the 2017 peak of 0.1527, 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 794 HKD

2017 Average 715 HKD

Yearly Trough Low 716 HKD

Transaction Impact: A difference of 77.93 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1583

0.1433

JanuMarcMayJulySeptNove

MKD to HKD 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 0.1542, compared to 0.1466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.1542

H2 Avg (Jul–Dec) 0.1466

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0068 HKD (High: 0.1538 / Low: 0.1471). On the other end, July was the most stable month, with a tight range of 0.0015 HKD (High: 0.1498 / Low: 0.1483).

May Spread (Volatile) ±0.0068

July Spread (Stable) ±0.0015

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 0.0057 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1568) against the same month in 2017 (average: 0.1341), the exchange rate shifted by +0.0227 (+16.96%).

2018 Avg (February) 0.1568

2017 Avg (February) 0.1341

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1578	0.1515	0.1549
February	0.1589	0.1550	0.1568
March	0.1588	0.1560	0.1571
April	0.1579	0.1540	0.1564
May	0.1538	0.1471	0.1507
June	0.1508	0.1474	0.1492
July	0.1498	0.1483	0.1490
August	0.1492	0.1446	0.1471
September	0.1500	0.1473	0.1483
October	0.1476	0.1442	0.1462
November	0.1458	0.1434	0.1446
December	0.1458	0.1433	0.1446