YEARLY HIGH
0.0144 JOD
YEARLY LOW
0.0130 JOD
YEARLY AVERAGE
0.0136 JOD

2018 MKD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0144. Conversely, the yearly low was recorded on November 13, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0014 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0141 to the December average rate of 0.0131, the exchange rate registered a net change of -6.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0144 was up 4.01% compared to the 2017 peak of 0.0139, 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 72 JOD
2017 Average 65 JOD
Yearly Trough Low 65 JOD
Transaction Impact: A difference of 7.14 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0143
0.0130
JanuMarcMayJulySeptNove

MKD to JOD 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 0.0140, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0140
H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0006 JOD (High: 0.0139 / Low: 0.0133). On the other end, July was the most stable month, with a tight range of 0.0001 JOD (High: 0.0135 / Low: 0.0134).

May Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0001

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 0.0005 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0142) against the same month in 2017 (average: 0.0122), the exchange rate shifted by +0.0020 (+16.17%).

2018 Avg (February) 0.0142
2017 Avg (February) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0143 0.0138 0.0141
February 0.0144 0.0140 0.0142
March 0.0144 0.0141 0.0142
April 0.0143 0.0139 0.0141
May 0.0139 0.0133 0.0136
June 0.0137 0.0133 0.0135
July 0.0135 0.0134 0.0135
August 0.0135 0.0131 0.0133
September 0.0136 0.0133 0.0134
October 0.0134 0.0130 0.0132
November 0.0132 0.0130 0.0131
December 0.0132 0.0130 0.0131