2018 MKD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |