YEARLY HIGH
0.0406 BBD
YEARLY LOW
0.0366 BBD
YEARLY AVERAGE
0.0384 BBD

2018 MKD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0406. Conversely, the yearly low was recorded on November 13, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0040 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0370, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0406 was up 3.95% compared to the 2017 peak of 0.0391, 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 203 BBD
2017 Average 183 BBD
Yearly Trough Low 183 BBD
Transaction Impact: A difference of 20.09 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0404
0.0366
JanuMarcMayJulySeptNove

MKD to BBD 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 0.0393, compared to 0.0374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0393
H2 Avg (Jul–Dec) 0.0374

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0017 BBD (High: 0.0392 / Low: 0.0375). On the other end, July was the most stable month, with a tight range of 0.0004 BBD (High: 0.0382 / Low: 0.0378).

May Spread (Volatile) ±0.0017
July Spread (Stable) ±0.0004

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 April and May, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0401) against the same month in 2017 (average: 0.0345), the exchange rate shifted by +0.0055 (+16.06%).

2018 Avg (February) 0.0401
2017 Avg (February) 0.0345

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0403 0.0387 0.0396
February 0.0406 0.0396 0.0401
March 0.0405 0.0398 0.0401
April 0.0402 0.0392 0.0399
May 0.0392 0.0375 0.0384
June 0.0384 0.0376 0.0380
July 0.0382 0.0378 0.0380
August 0.0380 0.0368 0.0375
September 0.0382 0.0375 0.0378
October 0.0377 0.0368 0.0373
November 0.0372 0.0366 0.0370
December 0.0372 0.0367 0.0370