YEARLY HIGH
0.1636 MOP
YEARLY LOW
0.1476 MOP
YEARLY AVERAGE
0.1549 MOP

2018 MKD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1636. Conversely, the yearly low was recorded on December 15, dropping to 0.1476.

This high-to-low spread represents a total annual volatility of 0.0161 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1595 to the December average rate of 0.1489, the exchange rate registered a net change of -6.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1636 was up 3.65% compared to the 2017 peak of 0.1578, 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 818 MOP
2017 Average 736 MOP
Yearly Trough Low 738 MOP
Transaction Impact: A difference of 80.29 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1630
0.1476
JanuMarcMayJulySeptNove

MKD to MOP 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 0.1588, compared to 0.1510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.1588
H2 Avg (Jul–Dec) 0.1510

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0073 MOP (High: 0.1589 / Low: 0.1515). On the other end, July was the most stable month, with a tight range of 0.0015 MOP (High: 0.1543 / Low: 0.1528).

May Spread (Volatile) ±0.0073
July Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and March, 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 0.0059 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1615) against the same month in 2017 (average: 0.1381), the exchange rate shifted by +0.0234 (+16.97%).

2018 Avg (February) 0.1615
2017 Avg (February) 0.1381

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1624 0.1559 0.1595
February 0.1636 0.1596 0.1615
March 0.1634 0.1607 0.1617
April 0.1626 0.1587 0.1611
May 0.1589 0.1515 0.1552
June 0.1554 0.1518 0.1537
July 0.1543 0.1528 0.1534
August 0.1538 0.1489 0.1514
September 0.1546 0.1519 0.1527
October 0.1521 0.1485 0.1506
November 0.1503 0.1476 0.1489
December 0.1502 0.1476 0.1489