2018 MKD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MKD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 115.0686. Conversely, the yearly low was recorded on August 15, dropping to 105.9899.
This high-to-low spread represents a total annual volatility of 9.0787 PYG. From a start-to-finish perspective, comparing the January average rate of 111.8666 to the December average rate of 109.5349, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 115.0686 was up 3.02% compared to the 2017 peak of 111.6937, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MKD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 110.2687, compared to 109.5972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6715 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 5.5773 PYG (High: 114.3381 / Low: 108.7608). On the other end, July was the most stable month, with a tight range of 1.3679 PYG (High: 109.2456 / Low: 107.8777).
Growth Streaks & Declines
TrendsBetween May and July, 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 April and May, when the average rate fell by 2.2892 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 112.2361) against the same month in 2017 (average: 98.7751), the exchange rate shifted by +13.4610 (+13.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 114.3381 | 108.7608 | 111.8666 |
| February | 115.0686 | 110.3158 | 112.2361 |
| March | 112.6716 | 108.8748 | 110.5386 |
| April | 111.4293 | 109.0377 | 110.4906 |
| May | 109.7901 | 107.0482 | 108.2014 |
| June | 109.2759 | 107.0261 | 108.2792 |
| July | 109.2456 | 107.8777 | 108.5167 |
| August | 110.9639 | 105.9899 | 108.0558 |
| September | 112.1723 | 109.6270 | 110.7439 |
| October | 112.2970 | 110.1731 | 111.0047 |
| November | 111.2688 | 108.3080 | 109.7271 |
| December | 111.3993 | 108.6233 | 109.5349 |