YEARLY HIGH
0.1777 SVC
YEARLY LOW
0.1601 SVC
YEARLY AVERAGE
0.1679 SVC

2018 MKD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1777. Conversely, the yearly low was recorded on November 12, dropping to 0.1601.

This high-to-low spread represents a total annual volatility of 0.0176 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1733 to the December average rate of 0.1617, the exchange rate registered a net change of -6.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1777 was up 3.62% compared to the 2017 peak of 0.1715, 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 889 SVC
2017 Average 802 SVC
Yearly Trough Low 801 SVC
Transaction Impact: A difference of 87.81 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1768
0.1602
JanuMarcMayJulySeptNove

MKD to SVC 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 0.1721, compared to 0.1637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1721
H2 Avg (Jul–Dec) 0.1637

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0079 SVC (High: 0.1720 / Low: 0.1641). On the other end, July was the most stable month, with a tight range of 0.0016 SVC (High: 0.1670 / Low: 0.1654).

May Spread (Volatile) ±0.0079
July Spread (Stable) ±0.0016

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 0.0064 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1755) against the same month in 2017 (average: 0.1512), the exchange rate shifted by +0.0243 (+16.05%).

2018 Avg (February) 0.1755
2017 Avg (February) 0.1512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1765 0.1694 0.1733
February 0.1777 0.1733 0.1755
March 0.1769 0.1741 0.1752
April 0.1759 0.1717 0.1744
May 0.1720 0.1641 0.1680
June 0.1682 0.1644 0.1664
July 0.1670 0.1654 0.1661
August 0.1665 0.1612 0.1639
September 0.1674 0.1643 0.1656
October 0.1649 0.1609 0.1632
November 0.1631 0.1601 0.1616
December 0.1629 0.1604 0.1617