YEARLY HIGH
22.0787 KRW
YEARLY LOW
20.2830 KRW
YEARLY AVERAGE
21.1033 KRW

2018 MKD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 22.0787. Conversely, the yearly low was recorded on May 28, dropping to 20.2830.

This high-to-low spread represents a total annual volatility of 1.7956 KRW. From a start-to-finish perspective, comparing the January average rate of 21.1188 to the December average rate of 20.7664, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.0787 was down 0.37% compared to the 2017 peak of 22.1605, 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 110,393 KRW
2017 Average 103,645 KRW
Yearly Trough Low 101,415 KRW
Transaction Impact: A difference of 8,978.12 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.7407
20.5695
JanuMarcMayJulySeptNove

MKD to KRW 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 21.1689, compared to 21.0377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1311 points.

H1 Avg (Jan–Jun) 21.1689
H2 Avg (Jul–Dec) 21.0377

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.9273 KRW (High: 21.2277 / Low: 20.3004). On the other end, July was the most stable month, with a tight range of 0.4184 KRW (High: 21.5201 / Low: 21.1018).

June Spread (Volatile) ±0.9273
July Spread (Stable) ±0.4184

Growth Streaks & Declines

Trends

Between May and July, 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 0.6411 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 21.6431) against the same month in 2017 (average: 19.7291), the exchange rate shifted by +1.9140 (+9.70%).

2018 Avg (February) 21.6431
2017 Avg (February) 19.7291

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.6308 20.7585 21.1188
February 22.0787 21.4184 21.6431
March 21.7570 21.1906 21.4633
April 21.5259 20.9970 21.3082
May 21.1381 20.2830 20.6671
June 21.2277 20.3004 20.8127
July 21.5201 21.1018 21.2973
August 21.2466 20.7566 21.0058
September 21.4256 20.9188 21.1899
October 21.4140 20.9320 21.1446
November 21.0983 20.5002 20.8224
December 21.0054 20.4564 20.7664