YEARLY HIGH
49.0958 MNT
YEARLY LOW
41.4209 MNT
YEARLY AVERAGE
46.6307 MNT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 245,479 MNT
2017 Average 223,328 MNT
Yearly Trough Low 207,105 MNT
Transaction Impact: A difference of 38,374.14 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

48.3823
45.2662
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 47.2154
H2 Avg (Jul–Dec) 46.0461

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±4.9316
July Spread (Stable) ±0.5204

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5459

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (February) 48.1227
2017 Avg (February) 42.7000

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