YEARLY HIGH
0.1737 SEK
YEARLY LOW
0.1584 SEK
YEARLY AVERAGE
0.1667 SEK

2018 MKD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.1737. Conversely, the yearly low was recorded on January 29, dropping to 0.1584.

This high-to-low spread represents a total annual volatility of 0.0153 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1594 to the December average rate of 0.1671, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1737 was up 6.81% compared to the 2017 peak of 0.1626, 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 868 SEK
2017 Average 782 SEK
Yearly Trough Low 792 SEK
Transaction Impact: A difference of 76.43 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1710
0.1583
JanuMarcMayJulySeptNove

MKD to SEK 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 0.1650, compared to 0.1684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.1650
H2 Avg (Jul–Dec) 0.1684

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0080 SEK (High: 0.1733 / Low: 0.1653). On the other end, January was the most stable month, with a tight range of 0.0021 SEK (High: 0.1605 / Low: 0.1584).

May Spread (Volatile) ±0.0080
January Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.1699) against the same month in 2017 (average: 0.1548), the exchange rate shifted by +0.0151 (+9.75%).

2018 Avg (August) 0.1699
2017 Avg (August) 0.1548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1605 0.1584 0.1594
February 0.1642 0.1593 0.1613
March 0.1670 0.1635 0.1651
April 0.1716 0.1666 0.1687
May 0.1733 0.1653 0.1681
June 0.1696 0.1647 0.1674
July 0.1696 0.1662 0.1675
August 0.1737 0.1669 0.1699
September 0.1725 0.1673 0.1695
October 0.1710 0.1677 0.1688
November 0.1685 0.1655 0.1674
December 0.1687 0.1652 0.1671