2018 MKD to PKR Historical Review

YEARLY HIGH

2.5995 PKR

YEARLY LOW

2.1438 PKR

YEARLY AVERAGE

2.3270 PKR

2018 MKD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.5995. Conversely, the yearly low was recorded on January 9, dropping to 2.1438.

This high-to-low spread represents a total annual volatility of 0.4557 PKR. From a start-to-finish perspective, comparing the January average rate of 2.1925 to the December average rate of 2.5697, the exchange rate registered a net change of 17.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.5995 was up 20.52% compared to the 2017 peak of 2.1568, 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 12,998 PKR

2017 Average 9,662 PKR

Yearly Trough Low 10,719 PKR

Transaction Impact: A difference of 2,278.46 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.6074

2.1548

JanuMarcMayJulySeptNove

MKD to PKR 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 2.2410, compared to 2.4129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1719 points.

H1 Avg (Jan–Jun) 2.2410

H2 Avg (Jul–Dec) 2.4129

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.2019 PKR (High: 2.4996 / Low: 2.2977). On the other end, September was the most stable month, with a tight range of 0.0521 PKR (High: 2.3642 / Low: 2.3120).

October Spread (Volatile) ±0.2019

September Spread (Stable) ±0.0521

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0835 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.5697) against the same month in 2017 (average: 2.0910), the exchange rate shifted by +0.4787 (+22.89%).

2018 Avg (December) 2.5697

2017 Avg (December) 2.0910

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2315	2.1438	2.1925
February	2.2479	2.1909	2.2186
March	2.3369	2.2001	2.2513
April	2.3279	2.2712	2.3047
May	2.2720	2.1703	2.2211
June	2.3103	2.1894	2.2577
July	2.4593	2.3007	2.3647
August	2.3408	2.2676	2.3095
September	2.3642	2.3120	2.3338
October	2.4996	2.2977	2.4249
November	2.4962	2.4349	2.4751
December	2.5995	2.4600	2.5697