2018 MKD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MKD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MKD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 49.0958. Conversely, the yearly low was recorded on June 13, dropping to 41.4209.
This high-to-low spread represents a total annual volatility of 7.6748 MNT. From a start-to-finish perspective, comparing the January average rate of 47.9961 to the December average rate of 45.5478, the exchange rate registered a net change of -5.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 49.0958 was up 2.18% compared to the 2017 peak of 48.0473, 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 MNT 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 47.2154, compared to 46.0461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1693 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 4.9316 MNT (High: 46.3526 / Low: 41.4209). On the other end, July was the most stable month, with a tight range of 0.5204 MNT (High: 46.6416 / Low: 46.1212).
Growth Streaks & Declines
TrendsBetween August and October, 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 April and May, when the average rate fell by 1.5459 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 48.1227) against the same month in 2017 (average: 42.7000), the exchange rate shifted by +5.4227 (+12.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.8087 | 46.9869 | 47.9961 |
| February | 49.0958 | 47.3383 | 48.1227 |
| March | 48.4454 | 47.6280 | 47.9183 |
| April | 48.0448 | 46.9791 | 47.6375 |
| May | 46.9995 | 45.0844 | 46.0916 |
| June | 46.3526 | 41.4209 | 45.5259 |
| July | 46.6416 | 46.1212 | 46.3315 |
| August | 46.4379 | 44.9799 | 45.7511 |
| September | 46.7026 | 45.8235 | 46.2029 |
| October | 46.9022 | 45.8080 | 46.3934 |
| November | 46.3956 | 45.5730 | 46.0498 |
| December | 46.3336 | 45.1539 | 45.5478 |