2018 OMR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 OMR to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the OMR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 141.8585. Conversely, the yearly low was recorded on February 1, dropping to 127.8574.
This high-to-low spread represents a total annual volatility of 14.0010 MKD. From a start-to-finish perspective, comparing the January average rate of 131.1219 to the December average rate of 140.5269, the exchange rate registered a net change of 7.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 141.8585 was down 7.60% compared to the 2017 peak of 153.5218, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
OMR to MKD 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 132.1125, compared to 138.8630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7505 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 6.0542 MKD (High: 138.5744 / Low: 132.5202). On the other end, July was the most stable month, with a tight range of 1.3631 MKD (High: 137.3897 / Low: 136.0266).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.5385 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 140.5818) against the same month in 2017 (average: 136.1905), the exchange rate shifted by +4.3912 (+3.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 134.0677 | 128.7435 | 131.1219 |
| February | 131.1794 | 127.8574 | 129.5834 |
| March | 130.5727 | 128.3658 | 129.6873 |
| April | 132.4099 | 129.1536 | 130.3479 |
| May | 138.5744 | 132.5202 | 135.2953 |
| June | 138.3175 | 135.1925 | 136.6392 |
| July | 137.3897 | 136.0266 | 136.8575 |
| August | 141.0176 | 136.6130 | 138.6617 |
| September | 138.4307 | 135.8184 | 137.3164 |
| October | 141.2338 | 137.8911 | 139.2335 |
| November | 141.8585 | 139.4586 | 140.5818 |
| December | 141.6478 | 139.5227 | 140.5269 |