YEARLY HIGH
1.3898 KGS
YEARLY LOW
1.2550 KGS
YEARLY AVERAGE
1.3132 KGS

2018 MKD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.3898. Conversely, the yearly low was recorded on August 15, dropping to 1.2550.

This high-to-low spread represents a total annual volatility of 0.1349 KGS. From a start-to-finish perspective, comparing the January average rate of 1.3679 to the December average rate of 1.2699, the exchange rate registered a net change of -7.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3898 was up 2.56% compared to the 2017 peak of 1.3551, 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 6,949 KGS
2017 Average 6,308 KGS
Yearly Trough Low 6,275 KGS
Transaction Impact: A difference of 674.26 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3800
1.2594
JanuMarcMayJulySeptNove

MKD to KGS 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 1.3468, compared to 1.2797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0671 points.

H1 Avg (Jan–Jun) 1.3468
H2 Avg (Jul–Dec) 1.2797

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0687 KGS (High: 1.3484 / Low: 1.2797). On the other end, July was the most stable month, with a tight range of 0.0166 KGS (High: 1.3044 / Low: 1.2878).

May Spread (Volatile) ±0.0687
July Spread (Stable) ±0.0166

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 0.0469 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.3699) against the same month in 2017 (average: 1.1964), the exchange rate shifted by +0.1735 (+14.50%).

2018 Avg (February) 1.3699
2017 Avg (February) 1.1964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3875 1.3382 1.3679
February 1.3898 1.3477 1.3699
March 1.3790 1.3566 1.3653
April 1.3767 1.3432 1.3630
May 1.3484 1.2797 1.3161
June 1.3135 1.2784 1.2985
July 1.3044 1.2878 1.2950
August 1.2956 1.2550 1.2765
September 1.3030 1.2785 1.2891
October 1.2901 1.2626 1.2783
November 1.2796 1.2579 1.2694
December 1.2791 1.2596 1.2699