YEARLY HIGH
15.3433 MWK
YEARLY LOW
13.3144 MWK
YEARLY AVERAGE
14.0003 MWK

2018 MKD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 15.3433. Conversely, the yearly low was recorded on November 13, dropping to 13.3144.

This high-to-low spread represents a total annual volatility of 2.0289 MWK. From a start-to-finish perspective, comparing the January average rate of 14.3687 to the December average rate of 13.8309, the exchange rate registered a net change of -3.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 15.3433 was up 7.97% compared to the 2017 peak of 14.2113, 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 76,716 MWK
2017 Average 66,564 MWK
Yearly Trough Low 66,572 MWK
Transaction Impact: A difference of 10,144.49 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.6546
13.3197
JanuMarcMayJulySeptNove

MKD to MWK 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 14.3373, compared to 13.6632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6740 points.

H1 Avg (Jan–Jun) 14.3373
H2 Avg (Jul–Dec) 13.6632

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 1.7643 MWK (High: 15.3433 / Low: 13.5790). On the other end, July was the most stable month, with a tight range of 0.1538 MWK (High: 13.8683 / Low: 13.7145).

June Spread (Volatile) ±1.7643
July Spread (Stable) ±0.1538

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6129 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 14.2733) against the same month in 2017 (average: 13.2295), the exchange rate shifted by +1.0439 (+7.89%).

2018 Avg (June) 14.2733
2017 Avg (June) 13.2295

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.6608 14.0479 14.3687
February 14.7344 14.3594 14.5434
March 14.6647 14.4200 14.5246
April 14.6177 14.2341 14.4632
May 14.7011 13.4934 13.8503
June 15.3433 13.5790 14.2733
July 13.8683 13.7145 13.7851
August 13.8298 13.3950 13.6135
September 13.9033 13.6460 13.7563
October 13.6981 13.3739 13.5628
November 13.5455 13.3144 13.4310
December 14.4377 13.3325 13.8309