YEARLY HIGH
10.8984 XAF
YEARLY LOW
10.5576 XAF
YEARLY AVERAGE
10.6544 XAF

2018 MKD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 10.8984. Conversely, the yearly low was recorded on November 29, dropping to 10.5576.

This high-to-low spread represents a total annual volatility of 0.3408 XAF. From a start-to-finish perspective, comparing the January average rate of 10.6522 to the December average rate of 10.6564, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 10.8984 was up 1.61% compared to the 2017 peak of 10.7253, 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 54,492 XAF
2017 Average 53,267 XAF
Yearly Trough Low 52,788 XAF
Transaction Impact: A difference of 1,704.01 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

10.6816
10.6434
JanuMarcMayJulySeptNove

MKD to XAF 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 10.6559, compared to 10.6530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 10.6559
H2 Avg (Jul–Dec) 10.6530

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.2775 XAF (High: 10.8984 / Low: 10.6210). On the other end, February was the most stable month, with a tight range of 0.0271 XAF (High: 10.6642 / Low: 10.6371).

June Spread (Volatile) ±0.2775
February Spread (Stable) ±0.0271

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0319 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 10.6785) against the same month in 2017 (average: 10.6481), the exchange rate shifted by +0.0304 (+0.29%).

2018 Avg (June) 10.6785
2017 Avg (June) 10.6481

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7175 10.6094 10.6522
February 10.6642 10.6371 10.6505
March 10.6658 10.6277 10.6516
April 10.6815 10.6195 10.6498
May 10.7221 10.6167 10.6526
June 10.8984 10.6210 10.6785
July 10.6562 10.6231 10.6466
August 10.6659 10.6214 10.6483
September 10.6702 10.6363 10.6514
October 10.6983 10.6148 10.6521
November 10.7086 10.5576 10.6629
December 10.7133 10.6022 10.6564