YEARLY HIGH
0.0078 OMR
YEARLY LOW
0.0070 OMR
YEARLY AVERAGE
0.0074 OMR

2018 MKD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0078. Conversely, the yearly low was recorded on November 13, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0008 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0071, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0078 was up 3.94% compared to the 2017 peak of 0.0075, 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 39 OMR
2017 Average 35 OMR
Yearly Trough Low 35 OMR
Transaction Impact: A difference of 3.86 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0078
0.0071
JanuMarcMayJulySeptNove

MKD to OMR 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 0.0076, compared to 0.0072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0076
H2 Avg (Jul–Dec) 0.0072

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0003 OMR (High: 0.0075 / Low: 0.0072). On the other end, July was the most stable month, with a tight range of 0.0001 OMR (High: 0.0074 / Low: 0.0073).

May Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0077) against the same month in 2017 (average: 0.0067), the exchange rate shifted by +0.0011 (+16.02%).

2018 Avg (February) 0.0077
2017 Avg (February) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0075 0.0076
February 0.0078 0.0076 0.0077
March 0.0078 0.0077 0.0077
April 0.0077 0.0076 0.0077
May 0.0075 0.0072 0.0074
June 0.0074 0.0072 0.0073
July 0.0074 0.0073 0.0073
August 0.0073 0.0071 0.0072
September 0.0074 0.0072 0.0073
October 0.0073 0.0071 0.0072
November 0.0072 0.0070 0.0071
December 0.0072 0.0071 0.0071