2018 MKD to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MKD to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MKD to XOF 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 XOF. 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 1.19% compared to the 2017 peak of 10.7706, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MKD to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 0.2775 XOF (High: 10.8984 / Low: 10.6210). On the other end, February was the most stable month, with a tight range of 0.0271 XOF (High: 10.6642 / Low: 10.6371).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 10.6785) against the same month in 2017 (average: 10.6568), the exchange rate shifted by +0.0216 (+0.20%).
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 |