YEARLY HIGH
0.4006 MXN
YEARLY LOW
0.3478 MXN
YEARLY AVERAGE
0.3686 MXN

2018 MKD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.4006. Conversely, the yearly low was recorded on August 7, dropping to 0.3478.

This high-to-low spread represents a total annual volatility of 0.0529 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3746 to the December average rate of 0.3712, the exchange rate registered a net change of -0.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4006 was up 4.36% compared to the 2017 peak of 0.3839, 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 2,003 MXN
2017 Average 1,732 MXN
Yearly Trough Low 1,739 MXN
Transaction Impact: A difference of 264.30 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3886
0.3499
JanuMarcMayJulySeptNove

MKD to MXN 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 0.3746, compared to 0.3626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.3746
H2 Avg (Jul–Dec) 0.3626

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0299 MXN (High: 0.4006 / Low: 0.3708). On the other end, February was the most stable month, with a tight range of 0.0085 MXN (High: 0.3781 / Low: 0.3696).

June Spread (Volatile) ±0.0299
February Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0248 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.3854) against the same month in 2017 (average: 0.3307), the exchange rate shifted by +0.0547 (+16.54%).

2018 Avg (June) 0.3854
2017 Avg (June) 0.3307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3833 0.3685 0.3746
February 0.3781 0.3696 0.3737
March 0.3802 0.3628 0.3724
April 0.3756 0.3613 0.3661
May 0.3814 0.3696 0.3752
June 0.4006 0.3708 0.3854
July 0.3775 0.3524 0.3606
August 0.3620 0.3478 0.3531
September 0.3656 0.3520 0.3594
October 0.3737 0.3514 0.3578
November 0.3799 0.3657 0.3737
December 0.3778 0.3652 0.3712