YEARLY HIGH
0.3411 MDL
YEARLY LOW
0.3053 MDL
YEARLY AVERAGE
0.3224 MDL

2018 MKD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.3411. Conversely, the yearly low was recorded on August 14, dropping to 0.3053.

This high-to-low spread represents a total annual volatility of 0.0357 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3358 to the December average rate of 0.3174, the exchange rate registered a net change of -5.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3411 was down 2.81% compared to the 2017 peak of 0.3509, 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 1,705 MDL
2017 Average 1,688 MDL
Yearly Trough Low 1,527 MDL
Transaction Impact: A difference of 178.63 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3382
0.3092
JanuMarcMayJulySeptNove

MKD to MDL 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 0.3284, compared to 0.3163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 0.3284
H2 Avg (Jul–Dec) 0.3163

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0134 MDL (High: 0.3187 / Low: 0.3053). On the other end, April was the most stable month, with a tight range of 0.0051 MDL (High: 0.3303 / Low: 0.3252).

August Spread (Volatile) ±0.0134
April Spread (Stable) ±0.0051

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 0.0076 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.3343) against the same month in 2017 (average: 0.3445), the exchange rate shifted by -0.0102 (-2.97%).

2018 Avg (February) 0.3343
2017 Avg (February) 0.3445

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3400 0.3315 0.3358
February 0.3411 0.3302 0.3343
March 0.3365 0.3284 0.3319
April 0.3303 0.3252 0.3278
May 0.3253 0.3173 0.3202
June 0.3236 0.3164 0.3207
July 0.3211 0.3135 0.3172
August 0.3187 0.3053 0.3116
September 0.3226 0.3136 0.3180
October 0.3211 0.3143 0.3173
November 0.3193 0.3111 0.3161
December 0.3198 0.3141 0.3174