2018 MKD to PHP Historical Review

YEARLY HIGH

1.0615 PHP

YEARLY LOW

0.9589 PHP

YEARLY AVERAGE

1.0102 PHP

2018 MKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1.0615. Conversely, the yearly low was recorded on December 2, dropping to 0.9589.

This high-to-low spread represents a total annual volatility of 0.1027 PHP. From a start-to-finish perspective, comparing the January average rate of 1.0010 to the December average rate of 0.9758, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0615 was up 6.56% compared to the 2017 peak of 0.9962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,308 PHP

2017 Average 4,624 PHP

Yearly Trough Low 4,794 PHP

Transaction Impact: A difference of 513.27 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0506

0.9681

JanuMarcMayJulySeptNove

MKD to PHP 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 1.0224, compared to 0.9981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0243 points.

H1 Avg (Jan–Jun) 1.0224

H2 Avg (Jul–Dec) 0.9981

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0651 PHP (High: 1.0364 / Low: 0.9712). On the other end, July was the most stable month, with a tight range of 0.0153 PHP (High: 1.0215 / Low: 1.0062).

January Spread (Volatile) ±0.0651

July Spread (Stable) ±0.0153

Growth Streaks & Declines

Trends

Between January and March, 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 0.0337 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.0400) against the same month in 2017 (average: 0.8637), the exchange rate shifted by +0.1763 (+20.42%).

2018 Avg (February) 1.0400

2017 Avg (February) 0.8637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0364	0.9712	1.0010
February	1.0615	1.0214	1.0400
March	1.0574	1.0348	1.0438
April	1.0471	1.0129	1.0369
May	1.0175	0.9883	1.0032
June	1.0272	0.9939	1.0092
July	1.0215	1.0062	1.0129
August	1.0151	0.9850	0.9978
September	1.0364	1.0076	1.0209
October	1.0183	0.9824	1.0061
November	0.9879	0.9606	0.9750
December	0.9867	0.9589	0.9758

2018 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு