YEARLY HIGH
0.0793 MYR
YEARLY LOW
0.0747 MYR
YEARLY AVERAGE
0.0774 MYR

2018 MKD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0793. Conversely, the yearly low was recorded on May 29, dropping to 0.0747.

This high-to-low spread represents a total annual volatility of 0.0046 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0784 to the December average rate of 0.0771, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0793 was down 4.62% compared to the 2017 peak of 0.0831, 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 396 MYR
2017 Average 394 MYR
Yearly Trough Low 373 MYR
Transaction Impact: A difference of 22.95 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0787
0.0758
JanuMarcMayJulySeptNove

MKD to MYR 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 0.0775, compared to 0.0773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0775
H2 Avg (Jul–Dec) 0.0773

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0032 MYR (High: 0.0778 / Low: 0.0747). On the other end, July was the most stable month, with a tight range of 0.0009 MYR (High: 0.0773 / Low: 0.0764).

May Spread (Volatile) ±0.0032
July Spread (Stable) ±0.0009

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 0.0012 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0784) against the same month in 2017 (average: 0.0768), the exchange rate shifted by +0.0017 (+2.20%).

2018 Avg (February) 0.0784
2017 Avg (February) 0.0768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0792 0.0777 0.0784
February 0.0793 0.0776 0.0784
March 0.0787 0.0771 0.0782
April 0.0781 0.0769 0.0775
May 0.0778 0.0747 0.0762
June 0.0768 0.0753 0.0760
July 0.0773 0.0764 0.0768
August 0.0785 0.0755 0.0767
September 0.0791 0.0776 0.0783
October 0.0783 0.0770 0.0776
November 0.0780 0.0766 0.0773
December 0.0777 0.0763 0.0771