YEARLY HIGH
1.5898 MKD
YEARLY LOW
1.4768 MKD
YEARLY AVERAGE
1.5331 MKD

2018 MUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.5898. Conversely, the yearly low was recorded on April 16, dropping to 1.4768.

This high-to-low spread represents a total annual volatility of 0.1130 MKD. From a start-to-finish perspective, comparing the January average rate of 1.5316 to the December average rate of 1.5750, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.5898 was down 3.79% compared to the 2017 peak of 1.6524, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MUR based on timing:

Yearly Peak High 7,949 MKD
2017 Average 7,912 MKD
Yearly Trough Low 7,384 MKD
Transaction Impact: A difference of 564.92 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.5835
1.4812
JanuMarcMayJulySeptNove

MUR 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: Jan–Jun) was 1.5154, compared to 1.5509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 1.5154
H2 Avg (Jul–Dec) 1.5509

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0592 MKD (High: 1.5432 / Low: 1.4840). On the other end, January was the most stable month, with a tight range of 0.0245 MKD (High: 1.5488 / Low: 1.5243).

June Spread (Volatile) ±0.0592
January Spread (Stable) ±0.0245

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0202 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.5750) against the same month in 2017 (average: 1.5378), the exchange rate shifted by +0.0372 (+2.42%).

2018 Avg (December) 1.5750
2017 Avg (December) 1.5378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5488 1.5243 1.5316
February 1.5466 1.5052 1.5294
March 1.5232 1.4962 1.5099
April 1.5079 1.4768 1.4897
May 1.5443 1.4908 1.5093
June 1.5432 1.4840 1.5223
July 1.5488 1.5158 1.5309
August 1.5602 1.5332 1.5472
September 1.5497 1.5246 1.5387
October 1.5762 1.5400 1.5520
November 1.5807 1.5477 1.5616
December 1.5898 1.5618 1.5750