YEARLY HIGH
461.4046 VND
YEARLY LOW
425.3681 VND
YEARLY AVERAGE
440.5651 VND

2018 MKD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 461.4046. Conversely, the yearly low was recorded on November 12, dropping to 425.3681.

This high-to-low spread represents a total annual volatility of 36.0366 VND. From a start-to-finish perspective, comparing the January average rate of 449.8428 to the December average rate of 430.0056, the exchange rate registered a net change of -4.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 461.4046 was up 3.80% compared to the 2017 peak of 444.5331, 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 2,307,023 VND
2017 Average 2,083,347 VND
Yearly Trough Low 2,126,840 VND
Transaction Impact: A difference of 180,182.79 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

458.8057
426.7300
JanuMarcMayJulySeptNove

MKD to VND 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 447.7832, compared to 433.3469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.4363 points.

H1 Avg (Jan–Jun) 447.7832
H2 Avg (Jul–Dec) 433.3469

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 18.2392 VND (High: 446.0956 / Low: 427.8564). On the other end, July was the most stable month, with a tight range of 6.0474 VND (High: 439.4683 / Low: 433.4209).

May Spread (Volatile) ±18.2392
July Spread (Stable) ±6.0474

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 16.6446 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -16.6446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 455.2792) against the same month in 2017 (average: 392.4350), the exchange rate shifted by +62.8442 (+16.01%).

2018 Avg (February) 455.2792
2017 Avg (February) 392.4350

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 458.1085 439.9034 449.8428
February 461.4046 450.5351 455.2792
March 461.2893 453.0517 456.1327
April 457.8342 446.5817 453.9564
May 446.0956 427.8564 437.3118
June 438.7515 429.6805 434.1764
July 439.4683 433.4209 436.7513
August 439.4711 425.7200 432.9660
September 442.0785 433.7589 437.2606
October 437.8989 427.5967 433.6951
November 432.9163 425.3681 429.4030
December 433.1435 426.1019 430.0056