YEARLY HIGH
115.0686 PYG
YEARLY LOW
105.9899 PYG
YEARLY AVERAGE
109.9330 PYG

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 575,343 PYG
2017 Average 516,788 PYG
Yearly Trough Low 529,950 PYG
Transaction Impact: A difference of 45,393.45 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

112.6541
107.6378
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 110.2687
H2 Avg (Jul–Dec) 109.5972

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±5.5773
July Spread (Stable) ±1.3679

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2892

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (February) 112.2361
2017 Avg (February) 98.7751

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