2018 MWK to MKD Historical Review

YEARLY HIGH

0.0751 MKD

YEARLY LOW

0.0652 MKD

YEARLY AVERAGE

0.0715 MKD

2018 MWK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MWK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0751. Conversely, the yearly low was recorded on June 14, dropping to 0.0652.

This high-to-low spread represents a total annual volatility of 0.0099 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0696 to the December average rate of 0.0723, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0751 was down 7.67% compared to the 2017 peak of 0.0813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 376 MKD

2017 Average 376 MKD

Yearly Trough Low 326 MKD

Transaction Impact: A difference of 49.66 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0750

0.0682

JanuMarcMayJulySeptNove

MWK 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 0.0698, compared to 0.0732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0698

H2 Avg (Jul–Dec) 0.0732

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0085 MKD (High: 0.0736 / Low: 0.0652). On the other end, July was the most stable month, with a tight range of 0.0008 MKD (High: 0.0729 / Low: 0.0721).

June Spread (Volatile) ±0.0085

July Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0745) against the same month in 2017 (average: 0.0723), the exchange rate shifted by +0.0022 (+2.99%).

2018 Avg (November) 0.0745

2017 Avg (November) 0.0723

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0712	0.0682	0.0696
February	0.0696	0.0679	0.0688
March	0.0693	0.0682	0.0688
April	0.0703	0.0684	0.0691
May	0.0741	0.0680	0.0722
June	0.0736	0.0652	0.0702
July	0.0729	0.0721	0.0725
August	0.0747	0.0723	0.0735
September	0.0733	0.0719	0.0727
October	0.0748	0.0730	0.0737
November	0.0751	0.0738	0.0745
December	0.0750	0.0693	0.0723