YEARLY HIGH
0.0655 PGK
YEARLY LOW
0.0610 PGK
YEARLY AVERAGE
0.0630 PGK

2018 MKD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0655. Conversely, the yearly low was recorded on August 15, dropping to 0.0610.

This high-to-low spread represents a total annual volatility of 0.0044 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0638 to the December average rate of 0.0622, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0655 was up 4.08% compared to the 2017 peak of 0.0629, 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 327 PGK
2017 Average 293 PGK
Yearly Trough Low 305 PGK
Transaction Impact: A difference of 22.24 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0650
0.0617
JanuMarcMayJulySeptNove

MKD to PGK 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 0.0637, compared to 0.0623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0637
H2 Avg (Jul–Dec) 0.0623

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0028 PGK (High: 0.0640 / Low: 0.0612). On the other end, July was the most stable month, with a tight range of 0.0008 PGK (High: 0.0628 / Low: 0.0620).

May Spread (Volatile) ±0.0028
July Spread (Stable) ±0.0008

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 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0645) against the same month in 2017 (average: 0.0546), the exchange rate shifted by +0.0099 (+18.05%).

2018 Avg (February) 0.0645
2017 Avg (February) 0.0546

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0649 0.0626 0.0638
February 0.0655 0.0633 0.0645
March 0.0653 0.0639 0.0646
April 0.0654 0.0639 0.0647
May 0.0640 0.0612 0.0627
June 0.0628 0.0615 0.0622
July 0.0628 0.0620 0.0624
August 0.0630 0.0610 0.0620
September 0.0636 0.0621 0.0629
October 0.0632 0.0616 0.0625
November 0.0627 0.0614 0.0620
December 0.0631 0.0614 0.0622