YEARLY HIGH
0.0775 RON
YEARLY LOW
0.0749 RON
YEARLY AVERAGE
0.0756 RON

2018 MKD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.0775. Conversely, the yearly low was recorded on August 5, dropping to 0.0749.

This high-to-low spread represents a total annual volatility of 0.0026 RON. From a start-to-finish perspective, comparing the January average rate of 0.0755 to the December average rate of 0.0755, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0775 was up 2.19% compared to the 2017 peak of 0.0758, 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 388 RON
2017 Average 371 RON
Yearly Trough Low 374 RON
Transaction Impact: A difference of 13.09 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0760
0.0753
JanuMarcMayJulySeptNove

MKD to RON 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 0.0756, compared to 0.0756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0756
H2 Avg (Jul–Dec) 0.0756

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0020 RON (High: 0.0775 / Low: 0.0755). On the other end, March was the most stable month, with a tight range of 0.0004 RON (High: 0.0759 / Low: 0.0755).

June Spread (Volatile) ±0.0020
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.0759) against the same month in 2017 (average: 0.0742), the exchange rate shifted by +0.0018 (+2.37%).

2018 Avg (June) 0.0759
2017 Avg (June) 0.0742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0760 0.0750 0.0755
February 0.0757 0.0753 0.0756
March 0.0759 0.0755 0.0757
April 0.0760 0.0753 0.0757
May 0.0759 0.0751 0.0754
June 0.0775 0.0755 0.0759
July 0.0758 0.0750 0.0755
August 0.0758 0.0749 0.0754
September 0.0757 0.0751 0.0754
October 0.0762 0.0755 0.0758
November 0.0761 0.0749 0.0758
December 0.0760 0.0750 0.0755