YEARLY HIGH
0.5836 UAH
YEARLY LOW
0.4895 UAH
YEARLY AVERAGE
0.5218 UAH

2018 MKD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.5836. Conversely, the yearly low was recorded on May 29, dropping to 0.4895.

This high-to-low spread represents a total annual volatility of 0.0941 UAH. From a start-to-finish perspective, comparing the January average rate of 0.5644 to the December average rate of 0.5128, the exchange rate registered a net change of -9.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5836 was up 6.41% compared to the 2017 peak of 0.5485, 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 2,918 UAH
2017 Average 2,439 UAH
Yearly Trough Low 2,448 UAH
Transaction Impact: A difference of 470.69 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5709
0.4922
JanuMarcMayJulySeptNove

MKD to UAH 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 0.5264, compared to 0.5171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.5264
H2 Avg (Jul–Dec) 0.5171

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0372 UAH (High: 0.5836 / Low: 0.5465). On the other end, September was the most stable month, with a tight range of 0.0083 UAH (High: 0.5371 / Low: 0.5289).

January Spread (Volatile) ±0.0372
September Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between June and September, 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 January and February, when the average rate fell by 0.0201 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.5644) against the same month in 2017 (average: 0.4708), the exchange rate shifted by +0.0936 (+19.88%).

2018 Avg (January) 0.5644
2017 Avg (January) 0.4708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5836 0.5465 0.5644
February 0.5655 0.5337 0.5443
March 0.5372 0.5197 0.5268
April 0.5300 0.5148 0.5214
May 0.5153 0.4895 0.5027
June 0.5067 0.4942 0.4988
July 0.5097 0.4959 0.5007
August 0.5352 0.5030 0.5156
September 0.5371 0.5289 0.5334
October 0.5306 0.5180 0.5241
November 0.5230 0.5106 0.5159
December 0.5202 0.5075 0.5128