YEARLY HIGH
3.0602 LRD
YEARLY LOW
2.4339 LRD
YEARLY AVERAGE
2.7552 LRD

2018 MKD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 3.0602. Conversely, the yearly low was recorded on January 9, dropping to 2.4339.

This high-to-low spread represents a total annual volatility of 0.6263 LRD. From a start-to-finish perspective, comparing the January average rate of 2.5136 to the December average rate of 2.9129, the exchange rate registered a net change of 15.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.0602 was up 24.99% compared to the 2017 peak of 2.4484, 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 15,301 LRD
2017 Average 9,629 LRD
Yearly Trough Low 12,170 LRD
Transaction Impact: A difference of 3,131.27 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.9897
2.4704
JanuMarcMayJulySeptNove

MKD to LRD 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 2.5935, compared to 2.9168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3233 points.

H1 Avg (Jan–Jun) 2.5935
H2 Avg (Jul–Dec) 2.9168

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.2210 LRD (High: 2.8404 / Low: 2.6194). On the other end, December was the most stable month, with a tight range of 0.0411 LRD (High: 2.9323 / Low: 2.8912).

June Spread (Volatile) ±0.2210
December Spread (Stable) ±0.0411

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0713 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 2.9464) against the same month in 2017 (average: 1.7359), the exchange rate shifted by +1.2105 (+69.73%).

2018 Avg (July) 2.9464
2017 Avg (July) 1.7359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6044 2.4339 2.5136
February 2.6103 2.4630 2.5314
March 2.6575 2.5985 2.6255
April 2.6473 2.5771 2.6129
May 2.6258 2.5360 2.5700
June 2.8404 2.6194 2.7076
July 3.0602 2.8404 2.9464
August 2.9331 2.8309 2.8751
September 3.0327 2.8943 2.9294
October 2.9585 2.8802 2.9226
November 2.9396 2.8885 2.9148
December 2.9323 2.8912 2.9129