YEARLY HIGH
2.8754 MKD
YEARLY LOW
2.4960 MKD
YEARLY AVERAGE
2.7149 MKD

2018 MXN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MXN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 2.8754. Conversely, the yearly low was recorded on June 14, dropping to 2.4960.

This high-to-low spread represents a total annual volatility of 0.3794 MKD. From a start-to-finish perspective, comparing the January average rate of 2.6699 to the December average rate of 2.6942, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.8754 was down 8.28% compared to the 2017 peak of 3.1350, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 143,770 MKD
2017 Average 144,611 MKD
Yearly Trough Low 124,801 MKD
Transaction Impact: A difference of 18,968.95 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8561
2.5723
JanuMarcMayJulySeptNove

MXN to MKD 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: JanтАУJun) was 2.6707, compared to 2.7591 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0884 points.

H1 Avg (JanтАУJun) 2.6707
H2 Avg (JulтАУDec) 2.7591

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.2012 MKD (High: 2.6972 / Low: 2.4960). On the other end, February was the most stable month, with a tight range of 0.0612 MKD (High: 2.7059 / Low: 2.6448).

June Spread (Volatile) ┬▒0.2012
February Spread (Stable) ┬▒0.0612

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.1193 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 2.8325) against the same month in 2017 (average: 2.9324), the exchange rate shifted by -0.0999 (-3.41%).

2018 Avg (August) 2.8325
2017 Avg (August) 2.9324

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 2.7140 2.6088 2.6699
February 2.7059 2.6448 2.6761
March 2.7566 2.6300 2.6854
April 2.7678 2.6626 2.7314
May 2.7059 2.6219 2.6652
June 2.6972 2.4960 2.5959
July 2.8374 2.6489 2.7738
August 2.8754 2.7627 2.8325
September 2.8412 2.7351 2.7825
October 2.8456 2.6761 2.7954
November 2.7344 2.6320 2.6762
December 2.7381 2.6469 2.6942