YEARLY HIGH
0.0267 SGD
YEARLY LOW
0.0251 SGD
YEARLY AVERAGE
0.0259 SGD

2018 MKD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0267. Conversely, the yearly low was recorded on December 2, dropping to 0.0251.

This high-to-low spread represents a total annual volatility of 0.0016 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0262 to the December average rate of 0.0253, the exchange rate registered a net change of -3.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0267 was up 1.30% compared to the 2017 peak of 0.0264, 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 134 SGD
2017 Average 127 SGD
Yearly Trough Low 126 SGD
Transaction Impact: A difference of 8.13 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0266
0.0252
JanuMarcMayJulySeptNove

MKD to SGD 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 0.0261, compared to 0.0257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0261
H2 Avg (Jul–Dec) 0.0257

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0009 SGD (High: 0.0261 / Low: 0.0252). On the other end, July was the most stable month, with a tight range of 0.0001 SGD (High: 0.0259 / Low: 0.0258).

May Spread (Volatile) ±0.0009
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0265) against the same month in 2017 (average: 0.0244), the exchange rate shifted by +0.0020 (+8.27%).

2018 Avg (February) 0.0265
2017 Avg (February) 0.0244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0265 0.0259 0.0262
February 0.0267 0.0262 0.0265
March 0.0266 0.0262 0.0263
April 0.0263 0.0260 0.0262
May 0.0261 0.0252 0.0257
June 0.0260 0.0254 0.0256
July 0.0259 0.0258 0.0259
August 0.0259 0.0254 0.0256
September 0.0261 0.0258 0.0259
October 0.0259 0.0255 0.0257
November 0.0255 0.0251 0.0254
December 0.0255 0.0251 0.0253