YEARLY HIGH
11.6342 CRC
YEARLY LOW
10.4534 CRC
YEARLY AVERAGE
11.0611 CRC

2018 MKD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 11.6342. Conversely, the yearly low was recorded on August 15, dropping to 10.4534.

This high-to-low spread represents a total annual volatility of 1.1808 CRC. From a start-to-finish perspective, comparing the January average rate of 11.2377 to the December average rate of 11.0630, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.6342 was up 2.60% compared to the 2017 peak of 11.3390, 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 58,171 CRC
2017 Average 51,943 CRC
Yearly Trough Low 52,267 CRC
Transaction Impact: A difference of 5,904.23 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.5323
10.5538
JanuMarcMayJulySeptNove

MKD to CRC 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 11.1674, compared to 10.9548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2126 points.

H1 Avg (Jan–Jun) 11.1674
H2 Avg (Jul–Dec) 10.9548

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.6611 CRC (High: 11.6342 / Low: 10.9731). On the other end, July was the most stable month, with a tight range of 0.1101 CRC (High: 10.8295 / Low: 10.7193).

November Spread (Volatile) ±0.6611
July Spread (Stable) ±0.1101

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4178 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 11.2749) against the same month in 2017 (average: 10.8361), the exchange rate shifted by +0.4388 (+4.05%).

2018 Avg (November) 11.2749
2017 Avg (November) 10.8361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4834 10.9812 11.2377
February 11.5817 11.2867 11.4508
March 11.4963 11.2871 11.3874
April 11.3870 11.1089 11.2835
May 11.1117 10.6014 10.8657
June 10.8985 10.6617 10.7795
July 10.8295 10.7193 10.7661
August 10.8270 10.4534 10.6354
September 11.0734 10.7852 10.9571
October 11.1944 10.8749 11.0324
November 11.6342 10.9731 11.2749
December 11.2405 10.9450 11.0630