YEARLY HIGH
0.0552 TND
YEARLY LOW
0.0476 TND
YEARLY AVERAGE
0.0505 TND

2018 MKD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.0552. Conversely, the yearly low was recorded on February 28, dropping to 0.0476.

This high-to-low spread represents a total annual volatility of 0.0076 TND. From a start-to-finish perspective, comparing the January average rate of 0.0484 to the December average rate of 0.0544, the exchange rate registered a net change of 12.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0552 was up 13.82% compared to the 2017 peak of 0.0485, 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 276 TND
2017 Average 221 TND
Yearly Trough Low 238 TND
Transaction Impact: A difference of 37.87 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0550
0.0474
JanuMarcMayJulySeptNove

MKD to TND 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 0.0484, compared to 0.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0484
H2 Avg (Jul–Dec) 0.0525

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0017 TND (High: 0.0512 / Low: 0.0495). On the other end, February was the most stable month, with a tight range of 0.0008 TND (High: 0.0484 / Low: 0.0476).

July Spread (Volatile) ±0.0017
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0004 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0544) against the same month in 2017 (average: 0.0479), the exchange rate shifted by +0.0065 (+13.60%).

2018 Avg (December) 0.0544
2017 Avg (December) 0.0479

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0492 0.0478 0.0484
February 0.0484 0.0476 0.0480
March 0.0488 0.0477 0.0481
April 0.0490 0.0478 0.0484
May 0.0490 0.0479 0.0484
June 0.0500 0.0486 0.0492
July 0.0512 0.0495 0.0500
August 0.0522 0.0509 0.0514
September 0.0531 0.0521 0.0526
October 0.0538 0.0526 0.0530
November 0.0541 0.0531 0.0536
December 0.0552 0.0536 0.0544