YEARLY HIGH
0.6772 MUR
YEARLY LOW
0.6290 MUR
YEARLY AVERAGE
0.6524 MUR

2018 MKD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.6772. Conversely, the yearly low was recorded on December 15, dropping to 0.6290.

This high-to-low spread represents a total annual volatility of 0.0481 MUR. From a start-to-finish perspective, comparing the January average rate of 0.6529 to the December average rate of 0.6349, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6772 was up 3.17% compared to the 2017 peak of 0.6563, 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 3,386 MUR
2017 Average 3,162 MUR
Yearly Trough Low 3,145 MUR
Transaction Impact: A difference of 240.63 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6749
0.6313
JanuMarcMayJulySeptNove

MKD to MUR 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 0.6600, compared to 0.6449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.6600
H2 Avg (Jul–Dec) 0.6449

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0259 MUR (High: 0.6739 / Low: 0.6480). On the other end, January was the most stable month, with a tight range of 0.0104 MUR (High: 0.6560 / Low: 0.6456).

June Spread (Volatile) ±0.0259
January Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0087 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.6713) against the same month in 2017 (average: 0.6124), the exchange rate shifted by +0.0589 (+9.62%).

2018 Avg (April) 0.6713
2017 Avg (April) 0.6124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6560 0.6456 0.6529
February 0.6644 0.6466 0.6539
March 0.6684 0.6565 0.6623
April 0.6772 0.6632 0.6713
May 0.6708 0.6475 0.6626
June 0.6739 0.6480 0.6570
July 0.6597 0.6456 0.6532
August 0.6522 0.6409 0.6463
September 0.6559 0.6453 0.6499
October 0.6494 0.6344 0.6443
November 0.6461 0.6326 0.6404
December 0.6403 0.6290 0.6349