YEARLY HIGH
0.0061 KWD
YEARLY LOW
0.0056 KWD
YEARLY AVERAGE
0.0058 KWD

2018 MKD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0061. Conversely, the yearly low was recorded on November 12, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0005 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0060 to the December average rate of 0.0056, the exchange rate registered a net change of -5.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0061 was up 3.43% compared to the 2017 peak of 0.0059, 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 30 KWD
2017 Average 28 KWD
Yearly Trough Low 28 KWD
Transaction Impact: A difference of 2.58 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0060
0.0056
JanuMarcMayJulySeptNove

MKD to KWD 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 0.0059, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0059
H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0002 KWD (High: 0.0059 / Low: 0.0057). On the other end, July was the most stable month, with a tight range of 0.0001 KWD (High: 0.0058 / Low: 0.0057).

May Spread (Volatile) ±0.0002
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 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0060) against the same month in 2017 (average: 0.0053), the exchange rate shifted by +0.0007 (+13.97%).

2018 Avg (February) 0.0060
2017 Avg (February) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0060 0.0058 0.0060
February 0.0061 0.0059 0.0060
March 0.0061 0.0060 0.0060
April 0.0060 0.0059 0.0060
May 0.0059 0.0057 0.0058
June 0.0058 0.0057 0.0057
July 0.0058 0.0057 0.0057
August 0.0058 0.0056 0.0057
September 0.0058 0.0057 0.0057
October 0.0057 0.0056 0.0057
November 0.0057 0.0056 0.0056
December 0.0057 0.0056 0.0056