YEARLY HIGH
0.0187 MKD
YEARLY LOW
0.0163 MKD
YEARLY AVERAGE
0.0177 MKD

2018 COP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the COP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 0.0187. Conversely, the yearly low was recorded on December 26, dropping to 0.0163.

This high-to-low spread represents a total annual volatility of 0.0023 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0168, the exchange rate registered a net change of -4.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0187 was down 8.42% compared to the 2017 peak of 0.0204, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93,301 MKD
2017 Average 92,614 MKD
Yearly Trough Low 81,579 MKD
Transaction Impact: A difference of 11,722.03 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0184
0.0166
JanuMarcMayJulySeptNove

COP 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 0.0178, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0178
H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0012 MKD (High: 0.0179 / Low: 0.0167). On the other end, July was the most stable month, with a tight range of 0.0005 MKD (High: 0.0185 / Low: 0.0180).

January Spread (Volatile) ±0.0012
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.0182) against the same month in 2017 (average: 0.0190), the exchange rate shifted by -0.0008 (-4.44%).

2018 Avg (May) 0.0182
2017 Avg (May) 0.0190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0179 0.0167 0.0176
February 0.0178 0.0170 0.0174
March 0.0179 0.0172 0.0176
April 0.0185 0.0177 0.0181
May 0.0187 0.0179 0.0182
June 0.0186 0.0179 0.0182
July 0.0185 0.0180 0.0183
August 0.0185 0.0174 0.0180
September 0.0178 0.0171 0.0174
October 0.0179 0.0169 0.0174
November 0.0173 0.0167 0.0170
December 0.0172 0.0163 0.0168