2018 PLN to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PLN to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PLN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 14.9130. Conversely, the yearly low was recorded on July 2, dropping to 14.0010.
This high-to-low spread represents a total annual volatility of 0.9120 MKD. From a start-to-finish perspective, comparing the January average rate of 14.8007 to the December average rate of 14.3477, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 14.9130 was up 0.85% compared to the 2017 peak of 14.7868, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
PLN 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 14.5881, compared to 14.3164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2718 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 0.4156 MKD (High: 14.4165 / Low: 14.0010). On the other end, March was the most stable month, with a tight range of 0.1483 MKD (High: 14.7010 / Low: 14.5527).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3224 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 14.8007) against the same month in 2017 (average: 14.0935), the exchange rate shifted by +0.7072 (+5.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.9130 | 14.6669 | 14.8007 |
| February | 14.8945 | 14.6880 | 14.7782 |
| March | 14.7010 | 14.5527 | 14.6284 |
| April | 14.8274 | 14.5327 | 14.6902 |
| May | 14.4856 | 14.2011 | 14.3678 |
| June | 14.4294 | 14.0443 | 14.2635 |
| July | 14.4165 | 14.0010 | 14.2483 |
| August | 14.4645 | 14.2486 | 14.3750 |
| September | 14.4194 | 14.2333 | 14.3188 |
| October | 14.3660 | 14.1700 | 14.3004 |
| November | 14.4921 | 14.2121 | 14.3080 |
| December | 14.4272 | 14.2574 | 14.3477 |