YEARLY HIGH
13.3930 MKD
YEARLY LOW
12.6173 MKD
YEARLY AVERAGE
12.9253 MKD

2018 MYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 13.3930. Conversely, the yearly low was recorded on February 1, dropping to 12.6173.

This high-to-low spread represents a total annual volatility of 0.7757 MKD. From a start-to-finish perspective, comparing the January average rate of 12.7630 to the December average rate of 12.9680, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.3930 was up 1.63% compared to the 2017 peak of 13.1785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 267,860 MKD
2017 Average 253,971 MKD
Yearly Trough Low 252,346 MKD
Transaction Impact: A difference of 15,514.37 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

13.1977
12.7084
JanuMarcMayJulySeptNove

MYR 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 12.9139, compared to 12.9367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 12.9139
H2 Avg (Jul–Dec) 12.9367

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.5469 MKD (High: 13.3930 / Low: 12.8461). On the other end, July was the most stable month, with a tight range of 0.1546 MKD (High: 13.0902 / Low: 12.9356).

May Spread (Volatile) ±0.5469
July Spread (Stable) ±0.1546

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.2700 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 13.1184) against the same month in 2017 (average: 12.8960), the exchange rate shifted by +0.2224 (+1.72%).

2018 Avg (May) 13.1184
2017 Avg (May) 12.8960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.8705 12.6274 12.7630
February 12.8922 12.6173 12.7492
March 12.9687 12.6993 12.7885
April 13.0015 12.7982 12.9074
May 13.3930 12.8461 13.1184
June 13.2787 13.0216 13.1569
July 13.0902 12.9356 13.0142
August 13.2379 12.7441 13.0411
September 12.8856 12.6352 12.7711
October 12.9954 12.7730 12.8869
November 13.0530 12.8252 12.9390
December 13.1023 12.8649 12.9680