2018 MKD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MKD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 30.7668. Conversely, the yearly low was recorded on December 15, dropping to 27.6392.
This high-to-low spread represents a total annual volatility of 3.1276 LBP. From a start-to-finish perspective, comparing the January average rate of 30.0021 to the December average rate of 27.8928, the exchange rate registered a net change of -7.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 30.7668 was up 4.08% compared to the 2017 peak of 29.5617, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MKD to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 29.7718, compared to 28.2895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4823 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 1.3518 LBP (High: 29.8180 / Low: 28.4662). On the other end, July was the most stable month, with a tight range of 0.3468 LBP (High: 28.8687 / Low: 28.5219).
Growth Streaks & Declines
TrendsNo 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 1.0820 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 30.3518) against the same month in 2017 (average: 26.0658), the exchange rate shifted by +4.2860 (+16.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.5187 | 29.3490 | 30.0021 |
| February | 30.7668 | 29.9475 | 30.3518 |
| March | 30.6698 | 30.1859 | 30.3414 |
| April | 30.3546 | 29.6349 | 30.1368 |
| May | 29.8180 | 28.4662 | 29.0547 |
| June | 29.1264 | 28.3595 | 28.7441 |
| July | 28.8687 | 28.5219 | 28.6942 |
| August | 28.7898 | 27.8297 | 28.3446 |
| September | 28.9410 | 28.4107 | 28.6380 |
| October | 28.5062 | 27.8143 | 28.2178 |
| November | 28.1266 | 27.7028 | 27.9494 |
| December | 28.0993 | 27.6392 | 27.8928 |