YEARLY HIGH
0.0512 WST
YEARLY LOW
0.0476 WST
YEARLY AVERAGE
0.0493 WST

2018 MKD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0512. Conversely, the yearly low was recorded on November 13, dropping to 0.0476.

This high-to-low spread represents a total annual volatility of 0.0036 WST. From a start-to-finish perspective, comparing the January average rate of 0.0498 to the December average rate of 0.0482, the exchange rate registered a net change of -3.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0512 was up 3.54% compared to the 2017 peak of 0.0495, 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 256 WST
2017 Average 232 WST
Yearly Trough Low 238 WST
Transaction Impact: A difference of 17.91 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0509
0.0480
JanuMarcMayJulySeptNove

MKD to WST 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 0.0499, compared to 0.0487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0499
H2 Avg (Jul–Dec) 0.0487

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0018 WST (High: 0.0501 / Low: 0.0483). On the other end, June was the most stable month, with a tight range of 0.0006 WST (High: 0.0491 / Low: 0.0485).

May Spread (Volatile) ±0.0018
June Spread (Stable) ±0.0006

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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0506) against the same month in 2017 (average: 0.0441), the exchange rate shifted by +0.0065 (+14.72%).

2018 Avg (March) 0.0506
2017 Avg (March) 0.0441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0506 0.0490 0.0498
February 0.0505 0.0496 0.0501
March 0.0512 0.0501 0.0506
April 0.0511 0.0501 0.0505
May 0.0501 0.0483 0.0493
June 0.0491 0.0485 0.0488
July 0.0496 0.0490 0.0492
August 0.0492 0.0477 0.0485
September 0.0495 0.0486 0.0490
October 0.0494 0.0481 0.0489
November 0.0488 0.0476 0.0482
December 0.0488 0.0478 0.0482