YEARLY HIGH
31.0832 MMK
YEARLY LOW
25.3795 MMK
YEARLY AVERAGE
27.6207 MMK

2018 MKD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 31.0832. Conversely, the yearly low was recorded on May 29, dropping to 25.3795.

This high-to-low spread represents a total annual volatility of 5.7037 MMK. From a start-to-finish perspective, comparing the January average rate of 26.6502 to the December average rate of 28.9511, the exchange rate registered a net change of 8.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 31.0832 was up 16.82% compared to the 2017 peak of 26.6083, 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 155,416 MMK
2017 Average 124,871 MMK
Yearly Trough Low 126,898 MMK
Transaction Impact: A difference of 28,518.44 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

30.0471
25.5523
JanuMarcMayJulySeptNove

MKD to MMK 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 26.4559, compared to 28.7856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3297 points.

H1 Avg (Jan–Jun) 26.4559
H2 Avg (Jul–Dec) 28.7856

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 2.4614 MMK (High: 31.0832 / Low: 28.6218). On the other end, March was the most stable month, with a tight range of 0.4020 MMK (High: 27.0062 / Low: 26.6042).

September Spread (Volatile) ±2.4614
March Spread (Stable) ±0.4020

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6363 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 29.6726) against the same month in 2017 (average: 26.3357), the exchange rate shifted by +3.3368 (+12.67%).

2018 Avg (September) 29.6726
2017 Avg (September) 26.3357

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.9642 26.1125 26.6502
February 27.0436 26.4600 26.7217
March 27.0062 26.6042 26.7813
April 26.7761 26.2230 26.5632
May 26.4679 25.3795 25.9269
June 26.7216 25.7081 26.0920
July 27.6728 26.6031 27.1285
August 29.4439 27.2329 28.0869
September 31.0832 28.6218 29.6726
October 30.1077 28.4783 29.3488
November 29.8337 29.1136 29.5256
December 29.2281 28.4253 28.9511