YEARLY HIGH
0.8885 SDG
YEARLY LOW
0.1359 SDG
YEARLY AVERAGE
0.4421 SDG

2018 MKD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 0.8885. Conversely, the yearly low was recorded on January 9, dropping to 0.1359.

This high-to-low spread represents a total annual volatility of 0.7526 SDG. From a start-to-finish perspective, comparing the January average rate of 0.1389 to the December average rate of 0.8797, the exchange rate registered a net change of 533.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8885 was up 549.89% compared to the 2017 peak of 0.1367, 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 4,442 SDG
2017 Average 609 SDG
Yearly Trough Low 679 SDG
Transaction Impact: A difference of 3,762.97 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9545
0.0648
JanuMarcMayJulySeptNove

MKD to SDG 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 0.3143, compared to 0.5698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2555 points.

H1 Avg (Jan–Jun) 0.3143
H2 Avg (Jul–Dec) 0.5698

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.5525 SDG (High: 0.8883 / Low: 0.3358). On the other end, July was the most stable month, with a tight range of 0.0034 SDG (High: 0.3437 / Low: 0.3403).

October Spread (Volatile) ±0.5525
July Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between August and November, 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 0.0140 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.8804) against the same month in 2017 (average: 0.1273), the exchange rate shifted by +0.7530 (+591.36%).

2018 Avg (November) 0.8804
2017 Avg (November) 0.1273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1418 0.1359 0.1389
February 0.3666 0.1422 0.3345
March 0.3666 0.3592 0.3622
April 0.3646 0.3546 0.3608
May 0.3561 0.3387 0.3468
June 0.3473 0.3380 0.3428
July 0.3437 0.3403 0.3418
August 0.3425 0.3316 0.3376
September 0.3451 0.3388 0.3410
October 0.8883 0.3358 0.6383
November 0.8885 0.8716 0.8804
December 0.8865 0.8723 0.8797