2018 PKR to MKD Historical Review

YEARLY HIGH

0.4665 MKD

YEARLY LOW

0.3847 MKD

YEARLY AVERAGE

0.4308 MKD

2018 PKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.4665. Conversely, the yearly low was recorded on December 31, dropping to 0.3847.

This high-to-low spread represents a total annual volatility of 0.0818 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4562 to the December average rate of 0.3892, the exchange rate registered a net change of -14.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4665 was down 17.38% compared to the 2017 peak of 0.5646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 233,229 MKD

2017 Average 259,433 MKD

Yearly Trough Low 192,344 MKD

Transaction Impact: A difference of 40,884.97 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4629

0.3825

JanuMarcMayJulySeptNove

PKR 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 0.4464, compared to 0.4151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0313 points.

H1 Avg (Jan–Jun) 0.4464

H2 Avg (Jul–Dec) 0.4151

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0352 MKD (High: 0.4352 / Low: 0.4001). On the other end, September was the most stable month, with a tight range of 0.0095 MKD (High: 0.4325 / Low: 0.4230).

October Spread (Volatile) ±0.0352

September Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0199 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.4562) against the same month in 2017 (average: 0.5531), the exchange rate shifted by -0.0969 (-17.53%).

2018 Avg (January) 0.4562

2017 Avg (January) 0.5531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4665	0.4481	0.4562
February	0.4564	0.4449	0.4508
March	0.4545	0.4279	0.4444
April	0.4403	0.4296	0.4339
May	0.4608	0.4401	0.4503
June	0.4568	0.4328	0.4431
July	0.4347	0.4066	0.4232
August	0.4410	0.4272	0.4330
September	0.4325	0.4230	0.4285
October	0.4352	0.4001	0.4128
November	0.4107	0.4006	0.4040
December	0.4065	0.3847	0.3892